Which of the following liabilities creates no expense on the part of the company? O A....
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Which of the following liabilities creates no expense on the part of the company? O A. GST payable B. Estimated warranty payable C. Canada Pension Plan payable OD. Employment Insurance payable The journal entry to remit GST to the Receiver General includes O A. debit to GST Recoverable OB. debit to GST Recoverable and credit to GST Payable OC. credit to GST Payable O D. credit to GST Recoverable and debit to GST Payable Which of the following liabilities creates no expense on the part of the company? O A. GST payable B. Estimated warranty payable C. Canada Pension Plan payable OD. Employment Insurance payable The journal entry to remit GST to the Receiver General includes O A. debit to GST Recoverable OB. debit to GST Recoverable and credit to GST Payable OC. credit to GST Payable O D. credit to GST Recoverable and debit to GST Payable
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Requirement 1 The correct answer for the question is Option A GST Payable The G... View the full answer
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
Posted Date:
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