One way QBO enters adjusting entries is through using the Onscreen Journal. This method involves using the following process?
A) Select the Create (+) icon,then select Journal Entry to access the Onscreen Journal. Enter the Journal date,and Journal no (usually,label as AJE) . On Line 1 select Account to debit from the drop-down list,enter the Debit Amount,and Description.Do the same process on Line 2 for the credit.
B) Select the Gear icon,then select Adjustment to access the Onscreen Journal. Enter the Journal date,and Journal no. On Line 1 select Account to debit from the drop-down list,enter the Debit Amount,and Description.Do the same process on Line 2 for the credit.
C) Select the Create (+) icon,then select Adjustment to access the Onscreen Journal. Enter the Journal date,and Journal no. On Line 1 select Account to debit from the drop-down list,enter the Debit Amount,and Description.Do the same process on Line 2 for the credit.
D) The Onscreen Journal is generally not used to enter in adjustments. It does not identify adjustments clearly enough.
Correct Answer:
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