When Paying a Bill,QuickBooks Automatically

question 3

Multiple Choice

When paying a bill,QuickBooks automatically:

• A)Records an expense (credit)and the obligation to pay later (debit)
• B)Records an expense (debit)and the obligation to pay later (credit)
• C)Reduces the liability (debit)and the checking account (credit)
• D)Reduces the liability (credit)and the checking account (debit)

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Definitions:

Bone

A hard, dense connective tissue that forms the structure of the skeleton and performs functions such as support, protection, and blood cell production.

Blood Supply

The provision of blood through the circulatory system to different parts of the body, essential for delivering nutrients and oxygen and removing waste products.

Protein Fibers

Long, string-like structures, composed of proteins, that serve various roles in the body, including structural support and movement.

Fluid Matrix

Refers to the liquid component of various tissues and substances, where other parts are suspended or dissolved.