Question: Complete the chart. If the payable is less than the recoverable amount, there will be a refund claim. Month HST Payable HST Recoverable Remittance Amount
Complete the chart.
If the payable is less than the recoverable amount, there will be a refund claim.
Month | HST Payable | HST Recoverable | Remittance Amount | Refund Claim | Due Date |
January 31 | $1892.76 | $798.45 | $1094.31 | N/A | Feb 15 |
February 28 | $1673.58 | $967.54 |
|
|
|
March 31 | $2167.45 | $1688.78 |
|
|
|
April 30 | $715.64 | $840.68 |
|
|
|
May 31 | $2183.45 | $2556.83 |
|
|
|
June 30 | $8582.45 | $7352.58 |
|
|
|
Step by Step Solution
3.39 Rating (161 Votes )
There are 3 Steps involved in it
January 31 HST Payable 189276 HST Recoverable 79845 Remittance Amount HST Payable HST Recoverable 189276 79845 109431 Refund Claim Since the Remittanc... View full answer
Get step-by-step solutions from verified subject matter experts
