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In which 2 situations might a transaction need to be excluded from bank feeds?(Select all that apply)   A. If the downloaded transaction was already recorded and reconciled in QuickBooks Online B. If the bank downloads the same transaction more than once C. If te posting date and actual payment date don't match in the bank feed D. If the bank description doesn't match the payee name

In which 2 situations might a transaction need to be excluded from bank feeds?(Select all that apply)   A. If the downloaded transaction was already recorded and reconciled in QuickBooks Online B. If the bank downloads the same transaction more than once C. If te posting date and actual payment date don't match in the bank feed D. If the bank description doesn't match the payee name

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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In which 2 situations might a transaction need to be excluded from bank feeds?(Select all that apply)

 

A. If the downloaded transaction was already recorded and reconciled in QuickBooks Online

B. If the bank downloads the same transaction more than once

C. If te posting date and actual payment date don't match in the bank feed

D. If the bank description doesn't match the payee name

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