Question: 5 (4 points) By default, the account debited when a cash sale is recorded is Checking Bank Cash Undeposited Funds Question 4 (4 points) The

5 (4 points) By default, the account debited when a cash sale is recorded is Checking Bank Cash Undeposited Funds Question 4 (4 points) The account that is debited when an invoice is saved in QuickBooks Online must have an account type of Other current asset Income O Accounts Receivable (A/R) Bank 2 3 Question 3 (4 points) Categories on a product or service can have subcategories. How many total levels of categories and subcategories are available? Four One Three Two Question 2 (4 points) Which of the following statements is true? A customer with a balance outstanding can be made inactive from the customer list. Address information for customers cannot be edited. A default payment term can be assigned to a customer through the Customer Center. An account number must be assigned to all customers. Question 1 (4 points) Saved A CPA firm that provides tax and audit work to its clients most typically be classified a O Service company Public company Manufacturing company O Merchandising company

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