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To delete a transaction in QuickBooks, first, close your current company file and open a sample file to avoid messing up your actual data. If prompted with an update company dialog box, confirm that you want to update the file, keeping in mind that this is a sample file for practice. Adjust your view by selecting "Hide Icon Bar" and open your "Open Windows List." Enter a random bill (e.g., Bayshore Water for $1 million for advertising) and save it. The process to delete a transaction is similar to changing one, initiating with finding the specific transaction you wish to delete.