Question: When a customer's deposit is recorded using the Make Deposits window, QuickBooks creates a behind-the-scenes journal entry that will do what?

  1. Credit Cash and debit Checking.
  2. Debit Cash and credit Checking.
  3. Credit Checking and debit Undeposited Funds.
  4. Debit Checking and credit Undeposited Funds.

Answer: The correct answer of the above question is Option D:Debit Checking and credit Undeposited Funds.