Answered: A vendor can have default accounts for…

Business

Accounting

A vendor can have default accounts for Expense and HST set up in the vendor Options window. a) True b) False

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 8MC: Which one of the following documents is not needed to process a payment to a vendor? A. vendor...

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Concept explainers

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.

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please give correct answer with details explanation

A vendor can have default accounts for Expense and HST set up in the vendor Options
window.
a) True
b) False

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