Answered

What are 3 benefits of the Pay down credit card feature in Quickbooks Online?



A. It allows users to electronically pay their credit card balances from within QuickBooks Online


B. It prevents miscategorization of credit card payment transactions


C. It helps users identify which credit cards have interest rates that are too high


D. It provides easy-to-understand language for non-accountant users


E. It prevents common errors that affect the company's financial statements


F. It compares your client's credit card balances side by side

Answer :

Answer:

b or e

Explanation:

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The  3 benefits of the Pay down credit card feature in Quickbooks Online are: Option B,E and F

B. It prevents miscategorization of credit card payment transactions

E. It prevents common errors that affect the company's financial statements

F. It compares your client's credit card balances side by side

•It help to prevents miscategorization of credit card payment transactions as it enables all the credit card payment transaction to designated or allocated to the right person who made the transaction.

• It help to prevents common errors that affect the company's financial statements such as error of  reversal  example is recording a transaction amount as $25 instead of $52.

• It help to compares your client's credit card balances side by side which help to prevent error as the credit card are easily evaluated.

Inconclusion The  3 benefits of the Pay down credit card feature in Quickbooks Online are: Option B,E and F

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