Question

As vendors with balances are entered in the QuickBooks desktop set up window and recorded in the Vendor Center, a journal entry is recorded in the journal report to record a debit to _ and a credit to _.

Answer 1

When entering vendors with balances in QuickBooks desktop and recording them in the Vendor Center, a journal entry is recorded in the journal report.

Step-by-step explanation:

In QuickBooks desktop, when vendors with balances are entered and recorded in the Vendor Center, a journal entry is recorded in the journal report. This journal entry debits the accounts payable account and credits the vendor's balance account.