All the 3 statements about the Reclassify transactions tool are true .
Do you need to alter numerous transactions or transfer them to another account? You don't have to change them one at a time in QuickBooks Online Accountant or QuickBooks Online Advanced. Save time by applying the same adjustment to several transactions at once by using the reclassification tool.
Make sure you are aware of the transactions you wish to reclassify first. You can discover this information in a few reports, such as a profit and loss statement. Use the reclassification tool to shift transactions to related accounts or alter their classes once you've located those transactions.
Learn more about reclassification tool here https://brainly.com/question/20216218
#SPJ10