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In Quick Books, when you use the Estimate icon, the amount of the estimate is recorded as: A. a debit to Accounts Receivable and credit
In Quick Books, when you use the Estimate icon, the amount of the estimate is recorded as:
A. | a debit to Accounts Receivable and credit to Sales Revenue in the general ledger | |
B. | no entry is recorded as an estimate is an exchange of information | |
C. | a credit to Accounts Receivable and debit to Sales Revenue in the general ledger | |
D. | a debit to estimates receivable and credit to unearned revenue |
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