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When a Customer Deposit Is Recorded Using the Make Deposits

Question 4

Multiple Choice

When a customer deposit is recorded using the Make Deposits window,behind the screen QuickBooks converts the transactions into a journal entry that:


A) Debits Checking account,Credits Undeposited Funds
B) Credits Checking account,Debits Undeposited Funds
C) Debits Checking account,Credits Accounts Receivable
D) Debits Accounts Receivable,Credits Checking account

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