Which of the following transactions is recorded in the "Receive Payments" function of QuickBooks?
A)electricity bill payments
B)merchandise inventory sold on account to a customer
C)products sold for cash to a customer
D)coupon payments to the bondholders

Question

Quizplus · Accepted Answer

Products sold for cash to a customer are recorded in the "Receive Payments" function of QuickBooks because this function is used to record payments received from customers for goods or services sold.

Which of the Following Transactions Is Recorded in the "Receive