Chapter 10 - Summary
In summary, you should be able to:
- Identify the difference between Consumer Use Tax and Sellers Use tax.
- Calculate tax correctly on a Purchase Order.
- Calculate tax on a vendor invoice that does not have tax.
- Verify the tax on a vendor invoice and make an informed decision recording the liability.
Please see the following link for a comprehensive listing of requirements for Use Tax Certification.
Tests that were in this chapter: