Microsoft
MB6-893 · Question #57
You are the accounting manager at your company. Recently, the company started conducting business with a customer in a different location. You need to create setup procedures that can be used to…
The correct answer is D. Set up use-tax payable. See the full explanation below for the reasoning.
Question
You are the accounting manager at your company. Recently, the company started conducting business with a customer in a different location. You need to create setup procedures that can be used to report sales taxes to the government of this location. What should you do?
Options
- ASet up sales-tax payable.
- BSet up sales-tax authorities.
- CSet up sales-tax receivable.
- DSet up use-tax payable.
How the community answered
(20 responses)- A15% (3)
- B5% (1)
- C5% (1)
- D75% (15)
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