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Question 1 A credit card expense was posted to auto expense on September 23, but the credit card account was not paid until October 4.

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Question 1 A credit card expense was posted to auto expense on September 23, but the credit card account was not paid until October 4. When reviewing the Cash Basis Profit & Loss for the month of September, in which account will the transaction be reported on this statement? 1. Auto expense 2. Uncategorized Income 3. Uncategorized Expense 4. Unapplied Cash Payment Income 5. Unapplied Cash Bill Payment Expense

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