Which of the following is the correct sequence of steps using QBO to record inventory purchases?

A. Bill > Purchase Order > Invoice



Answer :

Final answer:

The correct sequence using QBO for inventory purchases involves creating a purchase order, entering a bill, and then generating an invoice.


Explanation:

The correct sequence of steps using QBO to record inventory purchases is:

  1. Purchase Order: Create a purchase order to request inventory from your vendor.
  2. Bill: Once you receive the inventory, enter a bill to record the purchase.
  3. Invoice: After this, you can create an invoice when selling the inventory to customers.

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