1. List three, or more, ways to show account balances for an asset and expense account. Include the QBO steps for each method. Specify the account and balance in your answer. What is the difference...

1. List three, or more, ways to show account balances for an asset and expense account. Include the QBO steps for each method. Specify the account and balance in your answer. What is the difference between View Register accounts and Run report accounts?

2. 1. Start QBO. Log into QB Cloud_Student Name.

2. To reconcile Account 101 Checking, use the December 31 bank statement on the next three pages. Hint: Use your current year> Reconcile > Account 101 Checking >
.)

Comment: To select All Checks and Payments and all Deposits and Other Credits, click on the box next to date.

3. Print the Reconciliation Report. After completing reconciliation, the Reconcile window appears. Link to the 12/31/20XX report > Print. Save as a PDF file. Use the file name Exercise 6-1_Reconciliation Report. The report shows Reconciled by: Student first and last name. (Hint: From the Reconciliation Report, you can drill down to the original entry.)