When might you use the Bank Deposit Transaction in Quickbooks Online? • Your client wants to apply a customer payment to an open invoice

• Your client wants to record an SBA loan amount received

• Your client wants to record sales from her upcoming trade show and provide sales receipts

• Your clients wants to refund a customer

• Your client wants to apply a customer payment to an open invoice

Explanation:

• Your client wants to apply a customer payment to an open invoice

a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.