When a single goods and services tax (GST) or Harmonized Sales Tax (HST) account is used, a debit balance in the account means the government owes money to the business.

Question

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A debit balance in a GST/HST account indicates that the business has paid more in GST/HST on its purchases than it has collected on its sales, meaning the government owes the business a refund.

When a Single Goods and Services Tax (GST) or Harmonized