Question: Question 48 When a customer deposit is recorded using the Make Deposits window, behind the screen QuickBooks converts the transaction into a journal entry that:

Question 48

  1. When a customer deposit is recorded using the Make Deposits window, behind the screen QuickBooks converts the transaction into a journal entry that:

    A.

    Debits checking and credits undeposited funds

    B.

    Credits checking and debits undeposited funds

    C.

    Debits checking and credits accounts receivable

    D.

    Debits accounts receivable and credits checking

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