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:

Movie Theaters

Venues specifically designed for the exhibition of films to the public, often featuring multiple screens and modern sound systems.

Army-McCarthy Hearings

Televised U.S. Senate hearings in 1954 on Senator Joseph McCarthy’s charges of disloyalty in the army; his tactics contributed to his censure by the Senate.

American Television

The broadcast and cable television industry in the United States, known for its extensive reach, programming variety, and cultural influence both domestically and internationally.