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Which 2 statements are true about the Opening Balance Adjustments area of the Setup tab in Books review of QuickBooks Online Accountant? The offsetting account
Which 2 statements are true about the Opening Balance Adjustments area of the Setup tab in Books review of QuickBooks Online Accountant? The offsetting account must always be Gpening Balance Equity It can be used to verify that beginning balances from a prior period haven't changed since the last time the tool was used It can be used to create adjusting journal entry for any date It can be used to create automatic reversals of journal entries for any date It can be used to enter beginning balances in a new company
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