When a bill is entered using the Enter Bills window,QuickBooks records a journal entry that:
A)Debits Checking account,Credits Expense account
B)Credits Expense account,Debits Checking account
C)Debits Expense account,Credits Accounts Payable
D)Debits Accounts Payable,Credits Checking account

Question

Quizplus · Accepted Answer

When a bill is entered, QuickBooks debits the Expense account to record the expense and credits Accounts Payable to record the liability.

When a Bill Is Entered Using the Enter Bills Window,QuickBooks