Paste Curd & B Font Paragraph Styles 5 Editing 22. Almost all transactions relate to sales tax. For the rare transaction that has nothing to do with sales tax, what "Amounts Are" option do you choose? A. Exclusive of Tax BHSTON C. Duty Free D. Out of Scope 23. What two transaction forms initiate this journal entry? ACCOUNT Credit Card Liability Chequing Account DEBIT CREDIT XXX XXX A. Pay Down Credit Card, Transfer B. Pay Bills, Credit Card Credit C. Transfer, Expense D. Cheque, Credit Card Credit 24. Why set default payment terms? A. so the terms appear on the various expense and purchase forms B. because you want to track expenses and items by customer C. to make expenses and items billable D. to help ensure the company bills are paid on time 25. If you purchase and pay for an item in the same day, which two forms do you use to record the transaction? A. Cheque, Expense B. Expense, Transfer C. Bill, Sales Receipt