Why does an inventory purchase not usually include a RST/PST amount -
A) the RST/PST default has not been set up
B) the RST/PST amount was missed and not entered
C) the merchandise is for resale and therefore RST/PST exempt
D) only the GST is required on business purchases
Correct Answer:
Verified
Q1: You should use the adjustments journal to
Q2: To determine how many items you have
Q4: If freight shipping charges had been incorrectly
Q5: To correct a sales invoice that was
Q6: Which statement is not true about inventory
Q7: When you complete an item assembly journal
Q8: If the wrong inventory is selected in
Q9: Which of the following statements about inventory
Q10: The most recent purchase price becomes the
Q11: If HST charged had been omitted from
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