Question 8 Which 3 statements are correct regarding reconciling a bank account in QuickBooks Online? To begin the reconcile process, you need to enter the statement ending date and ending balance from the relevant bank statement Reconciliations must only be run at period end to estimate tax owed The primary admin can undo reconciliations Transactions added or matched in the Banking center are automatically marked tentatively cleared To view the reconciliation report, select History by account Bank accounts can be reconciled only if they are connected through bank feeds
Question 8 Which 3 statements are correct regarding reconciling a bank account in QuickBooks Online? To begin the reconcile process, you need to enter the statement ending date and ending balance from the relevant bank statement Reconciliations must only be run at period end to estimate tax owed The primary admin can undo reconciliations Transactions added or matched in the Banking center are automatically marked tentatively cleared To view the reconciliation report, select History by account Bank accounts can be reconciled only if they are connected through bank feeds
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 24E
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