The Journal Entry Behind the Screen That QuickBooks Creates When

question 19

Multiple Choice

The journal entry behind the screen that QuickBooks creates when a customer's payment is received and recorded using the Receive Payment window includes:

• A)Debit Accounts Receivable; Credit Checking account
• B)Debit Checking account; Credit Accounts Receivable
• C)Debit Undeposited Funds account; Credit Accounts Receivable
• D)Debit Accounts Receivable; Credit Undeposited Funds account

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Definitions:

Intelligence

The ability to acquire and apply knowledge and skills.

African American

A person in America with origins or heritage from black African populations.

Latino

A person of Latin American origin or descent, often residing in the United States.

Asian American

An individual of Asian descent who is a citizen or permanent resident of the United States.