Question: Homework due in 1 hour! Please help me answer as I am super stuck :(( QUESTION 8 The following is false regarding Goods and Services

Homework due in 1 hour! Please help me answer as I am super stuck :((

QUESTION 8 The following is false regarding Goods and Services Tax (GST) O Collected by businesses but is not an additional source of income Similar to accounting for HST Tracked according to GST received from customers and GST paid to suppliers. Net amount is settled with CRA O Paid on salaries and wages but recoverable back when net GST amount is filed

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