Question

Where on the Expense form do you indicate which account you are issuing payment from?

a. In the Account details at the bottom of the form.
b. In the memo field.
c. At the top next to the payee.
d. On each line of the expense, select the payment account.

Answer 1

On each line of the expense, select the payment account.

In the expense form, you indicate the payment account on each line of the expense.

Step-by-step explanation:

When filling out an expense form, it's crucial to specify the account from which the payment is being issued. This ensures accurate tracking of expenses and proper allocation of funds.

The correct option is "On each line of the expense, select the payment account" because, on a detailed expense form, you typically have multiple entries, each representing a specific expense item. By associating each line with a payment account, you specify the source of funds for each individual expense, providing a clear and organized record.

Selecting the payment account on each line is more granular and specific than options like "In the Account details at the bottom of the form," which might not capture the nuances of different expenses. It's also more detailed than "In the memo field," which is primarily used for additional information but may not be linked directly to the financial transaction. Placing it "At the top next to the payee" could be ambiguous, as it might not be clear whether it refers to the overall payment method or specific account details.

Therefore, the most accurate and detailed approach is to associate the payment account with each individual line of the expense form.