Question: Accounting for GST includes Question 3 options: A ) crediting GST Payable to record GST paid on inventory for resale. B ) debiting GST Payable
Accounting for GST includes
Question options:
A
crediting GST Payable to record GST paid on inventory for resale.
B
debiting GST Payable to record GST collected from customers.
C
debiting GST Receivable to record GST paid to suppliers.
D
crediting GST Receivable to record GST collected from customers.
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