Put the following into the correct order for processing a sale on ...

[P68T]

Put the following into the correct order for processing a sale on account with QuickBooks. A. Prepare reports. B. Record the sale by completing an electronic invoice form. C. Record collection of payment by completing a receive payment form.
 a. BCA
  b. ABC
  c. BAC
  d. CBA

Question 2

Veronica Lodge borrowed 15,000 from a bank on January 1, 2013 to finance her new business. She agrees to repay the bank on December 31, 2013, with 750 interest on the loan.
 
  In addition to increasing cash, what else should Veronica record on January 1, 2013?
   a. an increase in a liability of 15,000
   b. an increase in a liability of 15,750
   c. an increase in equity of 15,000
   d. an increase in a liability of 15,750, and a decrease in equity of 750

[T4T]

Answer to Question 1

a

Answer to Question 2

a

[P68T]

Thank you

[T4T]

No problemo