For a business, provincial sales tax (PST) paid is included in the amount recorded as an asset or an expense when a purchase is made.

Name: For a business, provincial sales tax (PST) paid is included in the amount recorded as an asset or an expense when a purchase is made.
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When a business makes a purchase, the PST paid is included in the cost of the asset or recorded as an expense, as it is part of the total amount paid for the purchase.

For a Business, Provincial Sales Tax (PST) Paid Is Included