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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
Refer to Table 11-10. What is the correct journal entry to record the payment of the HST amount owing at the end of December?
A)
HST payable   4,200   
          HST recoverable      3,240
          Cash      960

B)
HST payable   4,200   
HST receivable   720   
          HST recoverable      4,920

C)
HST receivable   960   
          Cash      960

D)
HST recoverable   4,200   
          HST payable      3,240
          Cash      960
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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raovatallpyraovatallpy
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6 years ago
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