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NEW QUESTION: 1
You are an accounts payable manager.
Your company buys office supplies from an out-of-state vendor. The vendor charges
100.00 USD for the supplies and no tax. The company may still owe taxes to the sales tax authority in its own state.
You need to define the ledger account to manage these transactions.
Which account group should you choose?
A. sales-tax receivable
B. use-tax payable
C. sales-tax payable
D. use-tax expense
Answer: A
NEW QUESTION: 2
A. Option B
B. Option E
C. Option A
D. Option C
E. Option D
Answer: A,E
NEW QUESTION: 3
A. Option B
B. Option C
C. Option A
D. Option D
Answer: C