Columns for GST receivable could be found in which two special journals?
A) Cash receipts and cash payments
B) Cash receipts and sales
C) Cash payments and purchases
D) Sales and purchases

Question

Quizplus · Accepted Answer

GST receivable is typically recorded in the cash payments journal when GST is paid on purchases and in the purchases journal when recording credit purchases that include GST.

Columns for GST Receivable Could Be Found in Which Two