4. Every day, you receive several payments with different payment types. How should you receive payments in order to record deposits to match how they appear on your bank statements?

1. In the Receive Payments screen, turn on the Deposit later checkbox.
2. Record payments along with the payment method to the Undeposited funds account.
3. Record payments with the payment method to your bank account.
4. Record payments with the payment method to a Current Liabilities accounts.