Where is a new account created in QuickBooks?

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Multiple Choice

Where is a new account created in QuickBooks?

Explanation:
In QuickBooks, new accounts are created in the Chart of Accounts. This is the list that holds every account used to categorize financial data, such as assets, liabilities, equity, income, and expenses. To add a new one, open the Chart of Accounts, click New, choose the appropriate account type and detail type, give it a name, and save. The other centers serve different tasks — reports are for viewing financial results, the Sales Center handles sales activities, and the Customers Center manages customer information — so they’re not where you create new accounts.

In QuickBooks, new accounts are created in the Chart of Accounts. This is the list that holds every account used to categorize financial data, such as assets, liabilities, equity, income, and expenses. To add a new one, open the Chart of Accounts, click New, choose the appropriate account type and detail type, give it a name, and save. The other centers serve different tasks — reports are for viewing financial results, the Sales Center handles sales activities, and the Customers Center manages customer information — so they’re not where you create new accounts.

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