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Chapter 4: Case 1 Trial Balance I am having trouble with #4. In quickbooks it shows an error when trying to add the undeposited funds
Chapter 4: Case 1 Trial Balance
1 Add a new customer-Name: Sarah Hay, Company: Hey Hays Surf, Display name as: Sarah Hay, Address: 230 Beach Way, La Jolla, CA, 92039. 2 Add a new service - Tune-Up, rate: $85.00, income account: Services. 3 Add a new product - Fred Rubble, initai quantity on hand: 0 , as of date: 1/1/24, inventory asset account inventory Asset, price $950.00, cost $600.00, income account: Sales, expense accounts cost of Gopds soid. 4 Record a new sales receipt on 13/24 - Customeq. Alondies Beards payment method: (account), product: Rook is, quantity: 2 Something's not quite right There can be only one sccount of dezal type Undeposted Funds Payments to deposit Prepaid expenses Prepaid Expenses Real estate loans to others Tax exempt investments U.S. savings bonds and investments Other Current Asset Uncategorized Asset Other Current Asset Other Current Asset Sub-account of Prep... Other Current Asset Other Current Asset Dther Current Asset Diher Current Asset I am having trouble with #4. In quickbooks it shows an error when trying to add the undeposited funds account.
The option for Undeposited Funds does not show in the Deposit to drop down menu.
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