When Paying a Bill, QuickBooks Automatically

question 17

Multiple Choice

When paying a bill, QuickBooks automatically:

• A)Records and expense (credit) and the obligation to pay later (debit)
• B)Records and 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)