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QuickBooks MCQs

Which of the following is correct about General Journal entries?

The amount of information you can type in each f‌ield is 25-character limit

Requires a good understanding of debits and credits and should not be used by non-accountants

Only use when customer returns a product that is damaged

Vendor credit memos reduce what you owe to the vendor when using General Journal

Answer

Correct Answer: Requires a good understanding of debits and credits and should not be used by non-accountants

Explanation:

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