Question: You run reports in data analysis software and compile a list that shows sales tax was not charged on all sales. What is your next

You run reports in data analysis software and compile a list that shows sales tax was not charged on all sales. What is your next step? go back and charge all customers sales tax identify the specific invoices where sales tax was not charged ignore the fact that sales tax was not charged on all sales since some customers are sales tax exempt remove the transactions in the database where no sales tax was recorded

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!