Microsoft
MB6-895 · Question #59
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…
The correct answer is D. Set the Main account category to "TAXPAY". See the full explanation below for the reasoning.
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"
How the community answered
(40 responses)- A3% (1)
- B5% (2)
- C15% (6)
- D78% (31)
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