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Abbotsford Bikes Ltd. reports cash sales of $6,200 on October 1. (a) Record the sales assuming they occurred in Ontario and are subject to 13%
Abbotsford Bikes Ltd. reports cash sales of $6,200 on October 1. (a) Record the sales assuming they occurred in Ontario and are subject to 13% HST (charged on selling price only). (b) Record the sales assuming they occurred in Quebec and are subject to 5% GST and 9.975% QST (charged on selling price before GST).(Credit account titles are automatically indented when the amount is entered.Do not indent manually. Round answers to 0 decimal places, e.g. 5,275.)
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