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Question

THEO NEEDS TO ENTER NEW INCOME ACCOUNT INTO QUICKBOOKS WHICH LIST SHOULD HEUSE

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Cedric

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Solution By Steps

Step 1: Identify the Type of Income

Determine the nature of the income (e.g., sales revenue, service income, interest income).

Step 2: Access QuickBooks Lists

Open QuickBooks and navigate to the Chart of Accounts or other relevant lists.

Step 3: Select the Appropriate Account

Based on the type of income identified, select the corresponding account from the Chart of Accounts.

Step 4: Enter the Income Details

Input the income details into the selected account, including the amount, date, and any relevant notes or descriptions.

Final Answer

Theo should use the Chart of Accounts in QuickBooks and select the appropriate income account based on the nature of the income he needs to enter.

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