Don't use Ai.Answer in step by step with explanation Which 2 statements are true regarding using bank rulesin QuickBooks Online? Rules apply to unacceptedtransactions only You can select which rules to apply ifyou open the transaction Rules override a suggestedmatch Rules are applied based on how many conditionsare set QuickBooks Online only applies one rule per

Rules apply to unaccepted transactions only.Correct.Bank rules only apply to unaccepted (or…

Answered: Which 2 statements are true regarding…

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter7: Accounting For Cash

Section: Chapter Questions

Problem 1CE: Match the following words with their definitions by entering the correct number in the spaces below....

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Please answer with reason for all why the option is correct and why the other options are incorrectPlease answer correct otherwise skip it 2-Which 2 actions does QuickBooks Online use to try and recognize bank feed items? Automatically create rule, based on past transactions Match amounts to several invoices or bills Apply user-created rule Match reconciled transactions Match transactions already entered
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Ma1. 1. Where can you enable account numbers for the chart of accounts? Multiple choice question A. The Enable account numbers slider from the Chart of Accounts screen B. The Advanced tab in Account and Settings C. The Customization option from Accountant Tools D. The Chart of accounts tab in Account and Settings 2. A client messaged you saying that there might be something wrong with the bank feed of their checking account. What would be the first thing to do to see if the bank feed will refresh? Multiple choice question A. Select the Troubleshoot button from the Advanced tab of Account and Settings B. Select the Pencil icon on the Checking account tile and select Contact bank C. Select the Update button in the Banking center D. Select the Pencil icon on the Checking account tile and select Troubleshoot 3. Which report would you use to show the least popular products? Multiple choice question A. Sales by Product/Service Summary B. Product/Service List…
Please provide an answer along with an explanation, and clarify whether each option is correct or incorrect.
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
Match the following words with their definitions by entering the correct number in the spaces below. 1.deposit ticket 2.ATM 3.check 4.bank statement 5.blank endorsement _____ a.A document ordering a bank to pay cash from a depositors account. _____ b.An endorsement where the payee simply signs the back of the check, making the check payable to any bearer. _____ c.Automated teller machinea machine used by depositors to make withdrawals or deposits at any time. _____ d.A statement of account issued by a bank to each depositor once a month. _____ e.A form showing a detailed listing of items being deposited.
In sap, Which of the following outgoing payments will not require manual entry of bank account?a. Cashb. Credit Cardc. Checkd. Bank Transfer
Journals for bank reconciliation: Will journal entries be necessary based on the book or bank adjustments you discovered in the bank reconciliation? Type Book or Bank How many journals are needed? You do not need to write the actual journals on your PDF.
Subject - account Please help me . Thankyou.
What is reconciling? What are the four purposes for reconciling differences in the bank and book balances Only typed answer and don't use chat gpt
How do you record a debit card purchase in Quickbooks? A. Use the Enter Bills window to enter the information, then immediately go to the Pay Bills window and prepare th check. B. Prepare a journal entry to debit the expense account of the purchase and credit cash. C. Wait until you do the bank reconciliation and enter one journal entry for all of your debit card purchases. D. Using the Write Checks window, in the No. field,type “Debit.” Enter the vendor name and amount in the check area.
In QuickBooks Online, what is the purpose of entering transactions manually in the register? Select an answer: to reconcile bank statements with QuickBooks Online records to track sales with detailed product/service items and at the customer level, without tracking accounts receivables to enter both money in and money out type of transactions directly in the register, particularly useful for entering multiple transactions in bulk to record a transfer of funds between bank accounts

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