Your client has issued an estimate which was accepted by the client. When the work...
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Accounting
Your client has issued an estimate which was accepted by the client. When the work is done, your client issues an invoice. Which statement is true of recording this workflow in QuickBooks Online?
The only posting transaction in this workflow is the invoice, which increases accounts receivable
The only posting transaction in this workflow is the estimate, which increases accounts receivable
The estimate and the invoice are posting transactions
The estimate and the invoice are nonposting transactions.
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