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4 December, 12:05

Uncategorized Income is Group of answer choices a bank deposit not yet recognized matchs a banking transaction with a QuickBooks Online transaction a bank charge not yet recognized is used to access a list of sales

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  1. 4 December, 12:29
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    a bank deposit not yet recognized

    Explanation:

    When recording transactions on QuickBooks, and there is a bank deposit. It needs to be recognised on QuickBooks or else it is considered as uncategorised income.

    Uncategorised income can result from late deposit of funds. Where the depositor is unable to get the bank voucher to the administrator in time. Since records are made based on source documents there will be a delay.

    The bank deposit not yet recorded is called uncategorised income.
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