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QuickBooks Pro 2013 14th Edition by Janet Horne
Edition 14ISBN: 978-0133023350QuickBooks Pro 2013 14th Edition by Janet Horne
Edition 14ISBN: 978-0133023350 Exercise 8
WRITE THE LETTER OF THE CORRECT ANSWER IN THE SPACE PROVIDED BEFORE THE QUESTION NUMBER.
Entries for bank collections of automatic payments _________.
A).
Are automatically recorded at the completion of the bank reconciliation
B) must be recorded after the bank reconciliation is complete
C) should be recorded when reconciling the bank statement
D) should be recorded on the first of the month
Entries for bank collections of automatic payments _________.
A).
Are automatically recorded at the completion of the bank reconciliation
B) must be recorded after the bank reconciliation is complete
C) should be recorded when reconciling the bank statement
D) should be recorded on the first of the month
Explanation
Verified
Verified
Answer:
C. Should be recorded when reco...
QuickBooks Pro 2013 14th Edition by Janet Horne
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