Hair-care services of $ 50 were provided by Maine Event, located in Manitoba, for cash. Manitoba has both PST 8% and GST 5%. The entry to record this sale would include a credit to
A) Service Revenue for $ 50.00.
B) Service Revenue for $ 56.50.
C) GST Payable for $ 4.00.
D) PST Payable for $ 2.50.
Correct Answer:
Verified
Q142: GST paid on merchandise for resale is
Q143: Which provinces and territories only charge GST?
A)
Q144: Zero-rated supplies include all of the following
Q145: When merchandise is purchased _ is included
Q146: Sales taxes invoiced is a
A) long-lived asset.
B)
Q148: The Maine Event receives $ 100 worth
Q149: When the goods from a sale with
Q150: HST is charged by which province?
A) Ontario
B)
Q151: Goods exempt from PST include
A) children's clothing.
B)
Q152: Lawn-care services of $ 350 were provided
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