Multiple Choice
When a bill is paid using the Pay Bills window,QuickBooks records a journal entry that:
A) Debits Checking account,Credits Undeposited Funds
B) Credits Checking account,Debits Accounts Payable
C) Debits Expense account,Credits Accounts Payable
D) Debits Accounts Receivable,Credits Checking account
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which of the following QuickBooks features can
Q4: The Item List can be accessed from
Q5: In QuickBooks,how do you enter transaction information?<br>A)Onscreen
Q6: When a bill is entered using the
Q7: Vendor transactions include which of the following?<br>A)Enter
Q9: Which of the following is a Vendor
Q10: Which of the following transactions is considered
Q11: All of the following are one of
Q12: Double-entry accounting records exchanges in a transaction
Q13: A business transaction is an exchange between