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Describe the process of modifying the chart of accounts

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Reference no: EM133207219

1. Briefly describe the process of modifying the Chart of Accounts and establishing beginning balances. Give examples.

2. Explain how the Transaction Detail by Account report can be used. Consider how this report has helped with your assignments each week.

3. Explain how purchase orders can be prepared and used in QBO. Give an example of how a company could use purchase orders in their business.

Reference no: EM133207219

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