In QuickBooks Online, what is the difference between a service item and a non-inventory item? Select an answer: A service item is used to track income or expenses related to research and development, while a non-inventory item is used to track income or expenses related to advertising and marketing. A service item is used to track income or expenses related to products that the company stocks or resells, while a non-inventory item is used to track income or expenses related to services provided. A service item is used to track income or expenses related to fixed assets, while a non-inventory item is used to track income or expenses related to intangible assets. A service item is used to track income or expenses related to services provided, while a non-inventory item is used to track income or expenses related to products that the company does not stock or resell.

In QuickBooks Online, what is the difference between a service item and a non-inventory item? Select an answer: A service item is used to track income or expenses related to research and development, while a non-inventory item is used to track income or expenses related to advertising and marketing. A service item is used to track income or expenses related to products that the company stocks or resells, while a non-inventory item is used to track income or expenses related to services provided. A service item is used to track income or expenses related to fixed assets, while a non-inventory item is used to track income or expenses related to intangible assets. A service item is used to track income or expenses related to services provided, while a non-inventory item is used to track income or expenses related to products that the company does not stock or resell.

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 4.2C

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