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QuickBooks 1. What is the Opening Balance Equity account? Can you customize this account? If so, explain how. 2. Why would you mark an account

QuickBooks

1. What is the Opening Balance Equity account? Can you customize this account? If so, explain how.

2. Why would you mark an account inactive, and how would you do it? What would you do to display inactive accounts in the Chart of Accounts List?

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