Which 3 statements are true about journal entries? (Quick Books)
(Select all that apply)
1. Total debits must equal total credits
2. You can post to Products and Services in a journal entry
3. When posting to the accounts receivable account, you must specify a vendor
4. When posting to the accounts receivable account, you must specify a customer
5. You can post to multiple accounts receivable and/or accounts payable accounts in the same journal entry
