To reconcile a credit card receivable account you must -
A) assign the Bank class to the receivable account
B) choose to save transactions for account reconciliation in the ledger record for the account
C) use the credit card processing option in the sales journal
D) you cannot use account reconciliation for credit card accounts
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
Q22: To transfer funds to and from credit
Q23: Cash and cheques are recorded differently on
Q24: Before using the deposit slip journal for
Q25: To set up the accounts for recording
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