Need Help With homework

To record receiving a bill for services to be paid at a later time, use the following:

		Purchase Order > Receive Payment > Deposit
		Invoice > Receive Payment > Deposit
		Enter Bills > Pay Bills
		Invoice > Enter Bills > Pay Bills

Which icon does not appear in the Vendors section for service companies that do not sell inventory?

		Purchase Orders
		Pay Bills
		Enter Bills
		All of the choices are correct

QuickBooks automatically closes _________ accounts to start each new accounting year with a $0 balance in all _________ accounts.

		temporary; permanent
		temporary; temporary
		permanent; permanent
		permanent; temporary