10 (2.5 points) At December 31, 2020, Nixon Corp.'s records show the following balances, all of which are normal: PST Payable, $ 800; GST Payable, $ 500; GST Receivable, $345. In January 2021. Nixon pays the Federal Government the net amount owing regarding GST owing from December. The journal entry to record this payment will include a credit to Cash of $ 500. credit to GST Receivable of $ 345, credit to GST Payable of $ 500. Odebit to GST Payable of $155. Question 11 (2.5 points) Goods and Services Tax (GST) in some provinces, is an income tax. must be collected by all businesses in Canada. is a value added tax. is a sales tax charged by each province on all taxable goods. Question 12 (2.5 points) Information regarding Oxygen Inc's payroll for the period ending March 22 follows: Gross salaries and wages $ 100,000 CPP rate El rate Employee income tax 4.95% 1.66% deducted $ 20,000 Company pension deducted 5% of gross salaries and wages Union dues deducted $800 Assume 100% of the gross salaries and wages are subject to CPP and El. Therefore. the NET pay for this period is $ 67,590. $ 68,390. $ 72,200. $73,340