Questions: To record a vendor purchase, select:
? > Invoice
+ New > Bill
+ New > Sales receipt
Gear > Bill
Transcript text: To record a vendor purchase, select:
? > Invoice
+ New $>$ Bill
+ New $>$ Sales receipt
Gear $>$ Bill
Solution
The answer is the second one: + New > Bill
Explanation:
? > Invoice: This option is incorrect because selecting "Invoice" is typically used for recording sales to customers, not purchases from vendors.
+ New > Bill: This is the correct option. Selecting "+ New" and then "Bill" is the appropriate way to record a vendor purchase. A bill represents an amount you owe to a vendor for goods or services received.
+ New > Sales receipt: This option is incorrect because a sales receipt is used to record sales transactions where payment is received immediately, not for recording vendor purchases.
Gear > Bill: This option is incorrect because the "Gear" icon usually leads to settings or configuration options, not directly to transaction recording.
Summary:
To record a vendor purchase, you should select + New > Bill.