Question 4

Your client has called you in a panic. They accidentally recorded a number of Expense and Bill Payment transactions using the wrong credit card.

What should you tell them?

• You should merge the two credit card accounts

• I can help you using the Reclassify Transactions tool

• You'll need to edit each transaction to change the payment account

• You should make a Journal Entry to zero out the wrong credit card and put the balance into the correct credit card