A business is located in a province where the HST rate is 13%. If store rent was

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A business is located in a province where the HST rate is 13%. If store rent was $3,000, how much of it is the net HST and is it payable or recoverable?

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Accounting Principles Part 1

ISBN: 978-1118306789

6th Canadian edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Posted Date: Dec 28, 2023 04:56 AM

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A business is located in a province where the HST rate is 13%. If store rent was

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Expert Answer:

To calculate the net HST Harmonized Sales Tax you would multiply the store rent by the HST r... View the full answer

Accounting Principles Part 1

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