Accounting for purchases and sales Here is 2 companies A and B Date Company HST to receive
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Accounting for purchases and sales Here is 2 companies A and B
Date | Company | HST to receive | HST to pay |
October 31, 2022 | A | $ 5,898.00 | $ 3,608.00 |
B | $ 1,001.00 | $ 9,125.00 |
1) Show the entry to account for the check when reporting HST to CRA for business A
Date | Name of account / Libelle | DT | CT |
31-10-2022 | |||
2) Show the entry to account for the check when reporting HST to CRA for Company B
Date | Name of account / Libelle | DT | CT |
31-10-2022 | |||
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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