Provincial sales tax payable: a. is an estimated liability. b. is a contingent liability. c. is a

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Provincial sales tax payable:

a. is an estimated liability.

b. is a contingent liability.

c. is a current liability for retailers.

d. is a business expense.

e. All of these answers are correct.

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Financial Reporting and Analysis Using Financial Accounting Information

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12th Edition

Authors: Charles H Gibson

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Posted Date: Mar 30, 2022 02:38 AM

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Provincial sales tax payable: a. is an estimated liability. b. is a contingent liability. c. is a

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Answer is a current Liability for retailers sin... View the full answer

Financial Reporting and Analysis Using Financial Accounting Information

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