Question: Which statement is true about billable expenses? 1. A default markup dollar amount can be added 2. Invoicing for a billable expense must always

Which statement is true about billable expenses? 1. A default markup dollar

Which statement is true about billable expenses? 1. A default markup dollar amount can be added 2. Invoicing for a billable expense must always be posted to an income account 3. The purchase transaction related to a billable expense can be posted to an income account 4. The purchase transaction related to a billable expense can be posted to another asset account

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