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The PST (Retail Sales Tax)remittance Recorded in the Payments Journal

Question 14

Multiple Choice

The PST (retail sales tax) remittance recorded in the payments journal will -


A) debit PST Payable;credit Bank
B) debit PST Payable;credit Bank and PST Compensation
C) debit PST Payable;credit Accounts Payable,
D) debit PST Payable;credit Accounts Payable and PST Compensation

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