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If you make a temporary account inactive with activity in the account during the current fiscal year, QBO will do which of the following? Select
If you make a temporary account inactive with activity in the account during the current fiscal year, QBO will do which of the following?
Select one:
a.Make a journal entry to move the balance to theReconciliation Adjustmentaccount
b.No journal entry will be made.The balance will be retained until the end of the fiscal year, but no additional transactions can be recorded using this account
c.Make a journal entry to move the balance toOpening Balance Equity
d.Delete all the transaction history for that account
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