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Question 3 Look at these two sentences about Undeposited Funds. 1. By posting to Undeposited Funds, you can create a single bank deposit for multiple

Question 3

Look at these two sentences about Undeposited Funds.

1. By posting to Undeposited Funds, you can create a single bank deposit for multiple payments, making it easy ___________.

2. When receiving a payment, make sure _________________.

Which of the options below correctly fills in the blanks?

  • To match your bank register with your bank statement; 2. the Deposit to account is Checking
  • To match your bank register with your bank statement; 2. the Deposit to account is Undeposited Funds
  • To match your expenses with your bank statement; 2. the Deposit to account is Uncategorized asset
  • To match your bank register with your bank statement; 2. the Deposit to account is Uncategorized funds

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