What is the purpose of a Bill Payment in QuickBooks Online? Select an answer: to track purchases of products and services based on when they are rendered and delivered. to close the accounts payable cycle by recording payments made to vendors via a Bill in the past to create an expense today that will be paid in the future. to enter customer payments related to open invoices.
What is the purpose of a Bill Payment in QuickBooks Online? Select an answer: to track purchases of products and services based on when they are rendered and delivered. to close the accounts payable cycle by recording payments made to vendors via a Bill in the past to create an expense today that will be paid in the future. to enter customer payments related to open invoices.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
What is the purpose of a Bill Payment in QuickBooks Online?
Select an answer:
-
to track purchases of products and services based on when they are rendered and delivered.
-
to close the accounts payable cycle by recording payments made to vendors via a Bill in the past
-
to create an expense today that will be paid in the future.
-
to enter customer payments related to open invoices.
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