In QuickBooks Online, what is the purpose of creating a deposit as income? Select an answer: to record income deposited in the business accounts that is not related to a specific customer transaction to reconcile bank statements with QuickBooks Online records to record a transfer of funds between bank accounts to track customer payments received for open invoices
In QuickBooks Online, what is the purpose of creating a deposit as income? Select an answer: to record income deposited in the business accounts that is not related to a specific customer transaction to reconcile bank statements with QuickBooks Online records to record a transfer of funds between bank accounts to track customer payments received for open invoices
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
In QuickBooks Online, what is the purpose of creating a deposit as income?
Select an answer:
-
to record income deposited in the business accounts that is not related to a specific customer transaction
-
to reconcile bank statements with QuickBooks Online records
-
to record a transfer of funds between bank accounts
-
to track customer payments received for open invoices
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