The Maine Event receives $ 100 worth of merchandise back from one of its customers. As part of its entry for the return of product, which GST-related account would be debited?
A) GST Expense
B) GST Payable
C) GST Recoverable
D) No entry regarding GST is needed.
Correct Answer:
Verified
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)
Q147: Hair-care services of $ 50 were provided
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
Q153: HST is remitted to the
A) Minister of
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