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Your client uses the Deposit feature to record retainers in QuickBooks Online. The customer paid a deposit of $600, and you create an invoice for

Your client uses the Deposit feature to record retainers in QuickBooks Online. The customer paid a deposit of $600, and you create an invoice for $1,500 worth of work. Where does the outstanding balance of $900 post in QuickBooks Online when the invoice is saved and sent? The balance due on the invoice is posted to a liability account Any remaining balance due on the invoice is posted to accounts receivable It automatically goes to an unearned income liability account It goes to the Undeposited Funds account

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