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MB6-895 · Question #59

MB6-895 Question #59: Real Exam Question with Answer & Explanation

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Question

The sales team at your company recently signed a contract with a customer in a new state. Since this is the first customer from that state, the controller has asked the bookkeeper to create a Ledger Posting Group for the state's sales tax. The bookkeeper needs to create a main account to record the sales tax payable and sales tax settlements for the state's customer. What should the bookkeeper do?

Options

  • ASelect a value for the Balance control field
  • BDefine the Offset account as the sales tax payable account
  • CSet the Posting type to "Sales tax"
  • DSet the Main account category to "TAXPAY"

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