The HST (harmonized sales tax) on purchases is recorded in -
A) the HST paid account entered as a debit amount
B) the HST charged account entered as credit amount
C) the HST charged account entered as a debit amount
D) the HST paid account entered as a credit amount
Correct Answer:
Verified
Q9: How would you enter a purchase with
Q10: Which one of the following statements about
Q11: Which of the following statements about the
Q12: Transactions entered in the payments journal will
Q13: A purchases journal entry will not balance
Q15: The purchases journal may be used for
Q16: The payments journal may be used for
Q17: Which one of the following general statements
Q18: A supplier invoice will not show -
A)the
Q19: To record a partial payment in the
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