Question
Which 2 statements are correct regarding reconciling a bank account in QuickBooks Online? (Select all that apply) You can only undo a bank reconciliation
Which 2 statements are correct regarding reconciling a bank account in QuickBooks Online?
(Select all that apply)
- You can only undo a bank reconciliation via a link in the Accountant Toolbox
- To successfully reconcile and run a reconciliation report you need to enter the Statement Ending Date and Ending Balance from the relevant bank statement
- Reconciliations must only be run at period end to estimate tax owed
- To see the Reconciliation report, select View report after you've successfully reconciled the account
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
