Which type of accounts might you find in the Other Current Assets category of the Chart of Accounts?

A. expenses 709 ni to 

B. credit cards 

C. equipment

D. security deposits and prepaid expenses oh sinis 

What is the purpose of a journal entry?

A. to streamline form creation

B. to record transactions that don't have a specific form 

C. You cannot use journal entries in QuickBooks Online. 

D. to record all the money spent 7.You signed a two-year lease on an office rental at $300/month to be electronically deducted from your bank account.

What is the most efficient way to record the automatic withdrawal each month?

A. Put a note on your computer to remind you to record the rent expense each month. 

B. Wait for the bill and then record the expense each month. 

C. Create a recurring expense for the next 24 months. 

D. Create a delayed charge.

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