To transfer funds to and from credit card accounts using the transfer funds journal, choose -
A) credit card bank as the class for these accounts
B) the general credit card class
C) credit card receivable and credit card payable, or bank for these accounts
D) all of the above account class selections will make the accounts available for transfers
Correct Answer:
Verified
Q16: Which one of the following items may
Q17: To reconcile a cheque on a deposit
Q18: When you compare the general ledger or
Q19: To enter NSF cheques when deposit slips
Q20: The account reconciliation linked accounts -
A) identify
Q21: The Banking module window includes journal icons
Q23: Cash and cheques are recorded differently on
Q24: Before using the deposit slip journal for
Q25: To set up the accounts for recording
Q26: To reconcile a credit card receivable account
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