Which one of the following general statements about sales is correct -
A) GST charged must be entered as credit amount
B) PST charged must be entered as a debit amount
C) GST charged must be entered as a debit amount
D) PST charged operates in a similar fashion to GST charged
Correct Answer:
Verified
Q14: The PST (retail sales tax)remittance recorded in
Q15: One of the following transactions may not
Q16: If you forgot to add shipping details
Q17: When paying a credit card bill -
A)enter
Q18: Access a Web site for a supplier
Q20: Why might GST amounts in the ledger
Q21: You will find the transfer funds journal
Q22: Checklists are helpful because they -
A)remind you
Q23: You can import journal entries from the
Q24: When the exchange rate for a foreign
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