When deleting a check all of the following is true except: Multiple Choice It is better to delete the check than void the check

Question

3 years ago

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When deleting a check all of the following is true except: Multiple Choice It is better to delete the check than void the check

in order to erase all records of the transaction The deleted check no longer appears in the check register QuickBooks changes the amount deducted in the check register to zero All of the choices are correct

Business

1 answer:

schepotkina [342] · Answer 1 · 2022-02-09T06:14:09+03:00

Answer: It is better to delete the check than void the check in order to erase all records of the transaction

Explanation:

When a check is deleted, it should be noted that such check is being removed entirely from the system and also the transaction of the check will no longer be visible anywhere in the system.

Voiding a check mean that the amount of the transaction on the check will be changed to zero but it should be ited that a record of such transaction will still be kept in QuickBooks but deleting it will help remove the transaction in QuickBooks.

When a check is voided, the check details like the check number, account, payee, memo and date will be unchanged, even though the amount will change to zero.

Therefore, the option that says that it is better to delete the check than void the check in order to erase all records of the transaction isn't true.