Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: gOOvER on Sep 20, 2017



Title: Refer to Table 11-10. What is the correct journal entry to record the payments made during December ...
Post by: gOOvER on Sep 20, 2017
Refer to Table 11-10. What is the correct journal entry to record the payments made during December that require HST?
A)
Inventory   12,000   
Equipment   15,000   
Salaries expense   14,000   
HST recoverable   4,920   
          Cash      45,920

B)
Inventory   12,000   
Equipment   15,000   
HST recoverable   3,240   
          Cash      30,240

C)
Inventory   12,000   
Equipment   15,000   
HST payable   3,240   
          Cash      30,240

D)
Inventory   12,000   
Equipment   15,000   
Salaries expense   14,000   
          Cash      41,000


Title: Re: Refer to Table 11-10. What is the correct journal entry to record the payments made during ...
Post by: raovatallpy on Sep 20, 2017
Content hidden