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: When you compare the general ledger or
Q17: You will have an unresolved reconciliation amount
Q18: Which one of the following general statements
Q19: Which option is true in the Account
Q20: Automatic fixed monthly payments such as auto
Q21: Cash and cheques are recorded differently on
Q23: The Banking module window includes journal icons
Q24: To transfer funds to and from credit
Q25: To set up the accounts for recording
Q26: Before using the deposit slip journal for
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