Quiz 2: Sales and Receivables: Service Business

Business

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Statement: Determine the report that would be used to view only the balances that is available in the account of each customer. Answer: Customer balance summary Justification: Customer balance summary report helps to obtain detained information of each customer and shows the balances of all customers available on the account.

" To remove an invoice without a trace, it is " Answer : (B) Deleted Justification : Once the invoice is deleted, it will no longer be listed in report and removed from QuickBooks permanently.