Author Question: In order to apply a Discount or Credit in QuickBooks: a. QuickBooks automatically applies the ... (Read 107 times)

urbanoutfitters

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In order to apply a Discount or Credit in QuickBooks:
 a. QuickBooks automatically applies the Discount or Credit
   b. Select Discount & Credits in the Receive Payments screen then select the correct Discount Account
   c. Select Discount & Credits in the Pay Bills window
   d. None of the above

Question 2

If an Enterprise Fund transfers 10,000 to the General Fund and the General Fund loans 15,000 to an Internal Service Fund, the effect on the fund balance of the General Fund would be
 
  A. An increase of 10,000.
  B. A net decrease of 5,000.
  C. A decrease of 15,000.
  D. A net increase of 5,000.



ambernicolefink

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Answer to Question 1

b

Answer to Question 2

A



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