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assessments Time Remaining $01: 21$ Question 2 / 12 Javier needs to add month-end accruals. Which QuickBooks function would be most useful? Account reconciliation Jourfal entry Monthly check

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Steven

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Solution By Steps

Step 1: Identify the Purpose

Javier needs to add month-end accruals, which involves recording financial transactions that occurred during the month but have not yet been recorded in the accounting system.

Step 2: Match the Purpose with QuickBooks Functions

The most appropriate QuickBooks function for adding month-end accruals is the “Journal entry” function. This function allows Javier to manually input and adjust financial transactions, which is necessary for accruals.

Step 3: Justify the Choice

Account reconciliation is used to match the transactions in QuickBooks with bank statements and is not directly related to adding accruals.

Journal entry is the correct choice as it directly allows the recording of financial transactions that have not been automatically captured by other means.

Monthly check is not a standard QuickBooks function and does not relate to the recording of accruals.

Final Answer

The most useful QuickBooks function for Javier to add month-end accruals is the “Journal entry”.

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