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 | |||
Expert Answer:
companies A and B including explanations for each entry Company A 1 HST Receivable Account Debit DT ... View the full answer
Related Book For 
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
