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29. In QuickBooks Online, which window is used to record a purchase on account? a. Bill b. Invoice c. Pay Bills d. Check 30. A

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29. In QuickBooks Online, which window is used to record a purchase on account? a. Bill b. Invoice c. Pay Bills d. Check 30. A purchase on account a. is posted to the Accounts Payable account by default. b. is the same as a credit memo. c. is not included in vendor reports. d. must be immediately paid. 31. A vendor credit reduces a. the amount of time you have to pay the vendor. b. your accounts receivable balance. c. your inventory. d. the balance owed to the vendor. 32. Payments on accounts are recorded in the a. Pay Bills window. b. Check window. c. Chart of Accounts window. d. Journal window. 33. Payment on account a. must always be paid in full. b. is payment of an outstanding account payable. c. does not include partial payments. d. is payment of a bill not previously recorded

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