The Banking Menu allows you to import transactions from a bank or credit card account.
In a manual accounting system, when a transfer out of one cash account is recorded in the general journal, the corresponding transfer into another cash account is recorded in the _____________ journal.
Balance differences identified during a bank reconciliation fall into three categories:
errors, omissions, and penalties
timing differences, omissions, errors
omissions, fees and penalties
omissions, errors, and fraud
Cleared checks have not yet been received by the bank.
What two tabs are displayed in the bottom half of the Enter Credit Card Charges window?
Assets and Liabilities
Revenue and Expenses
Expenses and Items
Debits and Credits
in accounting terms, the movement of money from one account to another is called a(n)
The QuickBooks Reconcile window consists of __________ parts.
When starting reconciliation you do not enter the following information.
Number of checks in the reconciliation
A zero (0) in this field of the Reconcile window indicates that all reconciling items have been accounted for
You can only transfer funds between cash accounts after the 15th of each month.
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