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A deposit is posted to Accounts Receivable and is assigned to a customer with no outstanding invoices. In which account will this transaction be reflected
- A deposit is posted to Accounts Receivable and is assigned to a customer with no outstanding invoices.
- In which account will this transaction be reflected on a Cash Basis Profit & Loss report?
- Uncategorized Income
- Uncategorized Expense
- Sales of Product Income
- Unapplied Cash Payment Income
- Unapplied Cash Bill Payment Expense
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