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(Solved): Which of the following DOES NOT happen when you are categorizing money-out transactions and you add ...



Which of the following DOES NOT happen when you are categorizing money-out transactions and you add a transaction from the bank feed? Select an option, and then select Submit. It's listed in the categorization history for the same customer or vendor An accounting transaction is recorded It moves to the Categorized tab It moves to Pending and will be recorded once a receipt is attached Which of the following statements about recording a transaction as a credit card payment via the bank feed is FALSE? Select an option, and then select Submit. The balance of the credit card liability account is reduced Funds in the bank account are decreased It helps to ensure payments are made on time It helps to ensure that payments to credit card accounts are categorized correctly

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