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QuickBooks MCQs

How should sales tax liabilities be adjusted in QuickBooks?

Click the Adjust button in the Pay Sales Tax window to enter the adjustment before creating the checks.

Use sales orders that affect the Sales Tax Payable account.

Show the adjustments in the detail section of the sales tax payment check.

Create sales tax items with negative rates for special adjustments.

Answer

Correct Answer: Click the Adjust button in the Pay Sales Tax window to enter the adjustment before creating the checks.

Explanation:

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