Question: Complete the chart for Remittance (to be sent to the government) (The first one is done for you) Mountain Bike Company Sale Price HST

Complete the chart for Remittance (to be sent to the government) (The first one is done for you) Mountain Bike Company Sale Price HST

Complete the chart for Remittance (to be sent to the government) (The first one is done for you) Mountain Bike Company Sale Price HST Collected (HST Payable) Materials $100 $7 $0 sold to manufacturer HST Tax Credit (HST Amount Remitted Recoverable) $7 Mountain Bike $400 28 (7) ? Sold to Wholesaler Mountain Bike 500 35 (28) ? Sold to Retailer Mountain Bike 700 49 ? ? Sold to Customer Total HST Remitted to the Government ?

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