Question: 6 . What account is debited when a purchase order is created?A . Accounts PayableB. Accounts ReceivableC. No account is debited.D . Cost of Goods

6. What account is debited when a purchase order is created?A. Accounts PayableB. Accounts ReceivableC. No account is debited.D. Cost of Goods Sold 7. What report do you run to verify that goods were not received withoutapplying the receipt of inventory to a purchase order?A. Open Purchase Order ListB. Purchases by Vendor DetailC. Purchases by Product/Service DetailD. Expenses by Vendor Summary8. What account is collected sales tax held in?A. Sales Tax ExpenseB. Tax IncomeC. Collected Tax ExpenseD. Sales Tax Payable Liability9. The sales tax in Clara's area has changed. What should she do?A. Set up a new sales tax rate. B. Calculate the difference and send any funds due to the appropriateauthority.C. Close out the current Sales Tax Payable Liability account.

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