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Question (Quickbooks online) When reconciling control accounts like Prepayments or Deposits, which value should be in the ending balance field? a. The total balance of
Question (Quickbooks online)
When reconciling control accounts like Prepayments or Deposits, which value should be in the ending balance field?
a. The total balance of deposits held, if we are reconciling the deposit account
b. The total balance of prepayments, when reconciling prepayments
c. Zero, leaving unused values as the unreconciled items
d. A combination of the values of prepayments and deposits
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