An Ontario Sport Store selling ONLY Taxable Products provides you that the following HST Included Financial information for this month: Retail Store in Toronto. Shirts and shorts $1,200 Sale to Bloomingdale’s in New York, USA, shirts. $2,000 Bad debt—Ontario retail customer sales last month. shirts. 50% of $1,000 of Revenue including HST sold last month. Telephone Expense $10 The Net HST Payment, rounded to the nearest dollar for this month will be?

Answer rating: 100% (QA)

Journal entry Accounts receivable Debit 500 HS... View the full answer