Question: Which 2 statements are true regarding classes in QuickBooks Online? (Select all that apply) Classes affect the source of a transaction. You can assign multiple

Which 2 statements are true regarding classes in QuickBooks Online?(Select all that apply)

  • Classes affect the source of a transaction.
  • You can assign multiple classes to a transaction.
  • Class labels can be changed to suit a particular client.
  • Columns in a Balance Sheet by Class will always balance.
  • The unspecified column on a P&L by Class represents transactions that have not had a class specified.

Previous

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!