A bill from a vendor is considered a$($n$)$

a$.$ liability.

b$.$ transaction.

c$.$ debit.

d$.$ account.

Vendor activities in QuickBooks Online use the

a$.$ Write Checks, Enter Invoices, and Pay Vendors windows.

b$.$ Enter Vendors, Record Accounts, and Check windows.

c$.$ Pay Bills, Journal, and Check windows.

d$.$ Bill, Pay Bills, and Check windows.

When you enter a bill from a vendor, QuickBooks Online

a$.$ requires you to enter the default account numbers.

b$.$ automatically credits the Accounts Payable account.

c$.$ automatically decreases the Cash account.

d$.$ automatically debits the Accounts Payable account.

In QuickBooks Online, which window is used to record a purchase on account?

a$.$ Bill

b$.$ Invoice

c$.$ Pay Bills

d$.$ Check

A purchase on account

a$.$ is posted to the Accounts Payable account by default.

b$.$ is the same as a credit memo.

c$.$ is not included in vendor reports.

d$.$ must be immediately paid.

A vendor credit reduces

a$.$ the amount of time you have to pay the vendor.

b$.$ your accounts receivable balance.

c$.$ your inventory.

d$.$ the balance owed to the vendor.