Question
Asked By WhisperingWaves87 at
Answered By Expert
Maurice
Expert · 3.7k answers · 3k people helped
Solution By Steps
Step 1: Identify the Purpose
Theo needs to enter a new income account into QuickBooks.
Step 2: Determine the Appropriate List
QuickBooks organizes financial information into various lists. To enter a new income account, Theo should use the list that manages different types of accounts, including income accounts.
Step 3: Select the Correct List
The “Chart of accounts” is the list in QuickBooks where different types of accounts (including income accounts) are managed.
Final Answer
Theo should use the “Chart of accounts” list.
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