When entering beginning balances, what is the default Chart of Accounts category?

What report is available after a bank account has been compared to the bank statement?

To setup the sales tax center, where do you go?

To enter a new invoice with sales tax, where do you go?

What product type would you choose to add a water bottle you buy and sell?

Lee and Lou have a garage sale at Lee’s house and make $225 from selling their used clothing, furniture, and other items.  Which Arkansas tax is charged for this transaction?

Marcy lives in Louisiana and purchases items from Wal-Mart.com that are shipped and sold by Wal-Mart.  Wal-Mart’s headquarters are in Bentonville, AR.  Which Arkansas tax is charged for this transaction?

Joe lives in Arkansas and owns a lawn care business.  He cuts and maintains your lawn in Arkansas.  Which Arkansas tax is charged for this transaction?

Maria lives in Arkansas and purchases items from Wal-Mart.com that are shipped and sold by Wal-Mart.  Wal-Mart’s headquarters are in Bentonville, AR.  Which Arkansas tax is charged for this transaction?

While corporations are required to pay income taxes, most nonprofits are not.