MCQs>Finance & Management>QuickBooks>When a customer's deposit is recorded using the Make Deposits window, QuickBooks creates a behind-the-scenes journal entry that will do what?
QuickBooks MCQs
When a customer's deposit is recorded using the Make Deposits window, QuickBooks creates a behind-the-scenes journal entry that will do what?
Answer
Correct Answer: Debit Checking and credit Undeposited Funds.
Explanation:
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