Why does GST/HST on a debit note act to increase the net amount of GST/HST payable?
Question:
Why does GST/HST on a debit note act to increase the net amount of GST/HST payable?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
The amount of GSTHST pa...View the full answer
Answered By
Jonas Araujo
I have recently received the degree of PhD. In Physics by the Universidade Federal do Maranhão after spending a term in Durham University, as I have been awarded a scholarship from a Brazilian mobility program. During my PhD. I have performed research mainly in Theoretical Physics and published works in distinguished Journals (check my ORCID: https://orcid.org/0000-0002-4324-1184).
During my BSc. I have been awarded a scholarship to study for a year in the University of Evansville, where I have worked in detection-analysis of photon correlations in the the Photonics Laboratory. There I was a tutor in Electromagnetism, Classical Mechanics and Calculus for most of that year (2012).
I am very dedicated, honest and a fast learner, but most of all, I value a job well done.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
College Accounting A Practical Approach
ISBN: 978-0134166698
13th Canadian edition
Authors: Jeffrey Slater, Debra Good
Question Posted:
Students also viewed these Business questions
-
Why study stocks if the net amount of stock issues is negative?
-
Dentech, Inc uses 10 units of part RM67 each month in the production of dentistry equipment. The cost of manufacturing one unit of RM67 is the following: Direct material .......... $3,000 Material...
-
Chenango Industries uses 10 units of part JR63 each month in the production of radar equipment. The cost of manufacturing one unit of JR63 is the following: Direct material ................. $1,000...
-
What are the three shapes of periodic signals a function generator can produce?
-
Show that is an eigenvalue of A if and only if is an eigenvalue of AT.
-
Suppose a UAW labor contract with General Dynamics is being renegotiated. Some of the many issues on the table include job security, health benefits, and wages. If you are an executive in charge of...
-
In the benzene adsorber of Example 9.7, the flow rate is increased to \(0.25 \mathrm{~m}^{3} / \mathrm{s}\). Calculate the breakthrough time and the fraction of the bed adsorption capacity that has...
-
Matts Eat N Run has two categories of direct labor, unskilled, which costs $7.50 per hour, and skilled, which costs $15 per hour. Management has established standards per equivalent friendly meal,...
-
A manufacturing company reports the following information. Raw materials inventory, ending Raw materials used Current Year $ 169,500 2,160,000 1 Year Ago 2 Years Ago $ 190,500 2,522,000 $ 197,500...
-
Check whether the following fields are genuine EM fields, i.e., they satisfy Maxwell's equations. Assume that the fields exist in charge-freeregions. (a) A = 40 sin(wt + 10x)a. 10 cos(wt - 2p)a. (b) ...
-
State why it is so important for firms to keep track of the GST/HST that they pay each period.
-
When would a company consider using a periodic inventory system?
-
In an experiment to investigate when a radar picks up a certain kind of target, a total of n = 15 trials arc conducted in which the distance of the target from the radar is measured when the target...
-
In what circumstance will the IRS permit an organization to deduct a charitable gift that is made after the close of the tax year? Explain.
-
What is the litigation process? Do you think technology will have a positive or negative impact on the litigation process? Provide examples to support your viewpoint.
-
It"an agent's license is canceled. What is the waiting period before they can re-apply for the license?
-
What is the method of apportioning liability among possible wrongdoers? Does that promote corrective justice?
-
Fraud can have significant financial, legal, and reputational consequences for businesses, making it crucial to have effective fraud detection and deterrence resources. What are some of the most...
-
The following selected information is from Ellerby Company's comparative balance sheets. At December 31 2017 2016 Furniture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
-
Frontland Advertising creates, plans, and handles advertising campaigns in a three-state area. Recently, Frontland had to replace an inexperienced office worker in charge of bookkeeping because of...
-
The JAB Company uses the perpetual inventory system with a subsidiary ledger for inventory. Enter the following information into the inventory balance for product U47. Be sure to keep the balance on...
-
The JAB Company uses the perpetual inventory system with a subsidiary ledger for inventory. Enter the following information into the inventory balance for product U47. Be sure to keep the balance on...
-
The JAB Company uses the perpetual inventory system with a subsidiary ledger for inventory. Journalize and post the preceding transactions (exercise 15B-2) using a two-column journal and T accounts....
-
B of Bombay consigned 400 packages of coffee to K of Kanpur. The cost of each package was Rs. 300. A sum of Rs. 2,000 was paid towards freight and insurance by B. In the transit, 60 packages were...
-
Synopsis In November 1999, ExxonMobil and its CEO Lee Raymond had to determine what course of action to take after two major partners, Royal Dutch/Shell and Frances TotalFinaElf, withdrew from the...
-
Determine whether the following graph is bipartite. If it is, give the bipartition sets. If not, explain why not. Question2: Consider the following graphs G and H and determine whether the graphs are...
Study smarter with the SolutionInn App