Which choice describes the steps you should take to process a refund for a credit card purchase?

Select one:

a.Open the Enter Credit Card Charges form, specify Refund/Credit, and use the Credit Card GL account for the refund because the balance will be reduced

b.Open the Enter Credit Card Charges form, specify Refund/Credit, and specify the Credit Card company in the PURCHASED FROM field because they refunded the amount.

c.Open the Enter Credit Card Charges form, specify Refund/Credit, and use the same GL account for the expense as you do for the purchase

d.Open the Enter Credit Card Charges form, specify Purchase/Charge, and use a negative number for the same GL account as the purchase

Which choice describes why you would use the Write Cheques form for a debit card purchase?

Select one:

a.The Write Cheques form works for debit and credit cards

b.Using a debit card has the same effect on the chequing account as writing a cheque

c.The Write Cheques form automatically selects the correct debit account to expense.

d.The journal entry created by the Write Cheques form debits the chequing account