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Paddy's Cycle Shop Operates in Ontario Where the HST Rate

Question 50

Multiple Choice

Paddy's Cycle Shop operates in Ontario where the HST rate is 13 percent. A summary of the shop's transactions for the month of January is as follows: Paddy's Cycle Shop operates in Ontario where the HST rate is 13 percent. A summary of the shop's transactions for the month of January is as follows:   The HST that is to be remitted in respect of the above transactions is: A) $15,665. B) $16,055. C) $16,705. D) $17,095. E) None of the above. The HST that is to be remitted in respect of the above transactions is:


A) $15,665.
B) $16,055.
C) $16,705.
D) $17,095.
E) None of the above.

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