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gOOvER gOOvER
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7 years ago
Sales revenue for Joe's Sporting Goods for the current period amounted to $215,000. Joe's Sporting Goods records GST when merchandise is sold. All sales are on account. The GST rate is 5%. The journal entry would include a debit to:
A) Accounts Receivable for $215,000.
B) Accounts Receivable for $225,750.
C) GST Payable for $10,750.
D) Sales Revenue for $215,000.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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migrodmigrod
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7 years ago
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gOOvER Author
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6 years ago
Your help has been outstanding, keep it up!
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Thank you
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thank you
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Thankyou
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