Exam (elaborations)
QuickBooks Chapter 7 with Certified Answers
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Issue a _____ if a customer has been overbilled credit memo Which 'behind the scenes' image shows what happens when you create a sales form to sell an inventory item? COGS credit 100, Inventory debit 100 The sales tax in Clara's area has changed. What should she do? Edit the existing tax rate What account is debited when a purchase order is created? accounts recievable What report do you run to verify that goods were not received without applying the receipt of inventory to a purchase order? purchase order by vendor detail What account is collected sales tax held in? sales tax payable liability How you set up sales tax in QuickBooks depends entirely on: the states in which you conduct business
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