Answer:
A. The Receipt Capture feature uses Optical Character Recognition (OCR) technology to read and transform receipt data to QuickBooks Online. ⇒ TRUE
B. If QuickBooks Online finds an expense already entered in QuickBooks Online, it will suggest that you match the receipt to the existing transaction. ⇒ TRUE
C. You can snap a picture of a receipt, then review, match, or add it directly from the QuickBooks Online mobile app. ⇒ TRUE
D. QuickBooks Online will fill in the fields it can for the expense using the OCR data. ⇒ TRUE
Explanation:
the other options are false because:
- E. You can assign a payee, account, payment date, category, description, amount, and memo to the expense transaction in the Review screen.
- F. You can only have one sender email registered to forward receipts in each company. ⇒ FALSE, you can connect to multiple accounts, generally for different clients. You can use the "Add new sender" link.
Answer:
The answer is: D) Accounts:
Salaries Expense: Debit = 1,200
Salaries Payable : Credit = 1,200
Explanation:
Salaries expense is a type of expense account (all expense accounts are temporary accounts). When expenses are recorded, they should be debited.
Salaries expense 1,200
Salaries payable is a liability account. When liabilities increase, they should be credited.
Salaries payable 1,200
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Well here's what I can tell you,
The day the contributed property was purchased.
The day the partnership interest was acquired.
Either one of these are true which also means they are both true.
