please answer in details within 30 minutes as to why the option is correct and why other options are wrong. CertificationQuestion 37 of 50Your client is using advanced matching in the bank feed to find a match for a deposit that was made last week. While inthe match transactions screen, he realizes that a rebate cheque was missing from the deposit, and he wants to enter itright onto the deposit. What two things are true about using the resolve difference feature in this scenario?One or more of your selected options was incorrect. Selecting even just one incorrect option will earn no credit for this question. Pleasetry again.O QuickBooks Online creates a journal entry to reflect the added informationQuickBooks Online creates a new deposit to reflect the added informationO The total amount of the deposit - including the resolving transaction - will appear as two separate deposits on your bank reconciliationscreenThe total amount of the deposit - including the resolving transaction- will appear as a single deposit on your bank reconciliation scroenQuickBooks Online creates a resolving transaction that posts to a Roconciliation Discropancy account that gets automatically created

The transaction, which is measurable in monetary terms, is an economic event with a third party…

Your client is using advanced matching in the bank feed to find a match for a deposit that was made last week. While in the match transactions screen, he realizes that a rebate cheque was missing from the deposit, and he wants to enter it right onto the deposit. What two things are true about using the resolve difference feature in this scenario?

Your client is using advanced matching in the bank feed to find a match for a deposit that was made last week. While in the match transactions screen, he realizes that a rebate cheque was missing from the deposit, and he wants to enter it right onto the deposit. What two things are true about using the resolve difference feature in this scenario?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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