ADM1340 December 2020 Respondus 00:00 Dure restante:1:04:17 Qingyue Li: Tentative 1 Page prcdente Page suivante Page 37 de 62 Question 37 (2 points) Ace Products Ltd. sold a product to customer for $7,929.20. 13% HST (Harmonized Sales Tax) is to be added. The jouranl entry to record this transaction on the books of Ace Products is Cash $8,960 Cost of Goods Sold $7,929.20 HST Payable $1,030.80 Cash $8,960 Sales $7,929.20 HST Payable $1,030.80 Dr Cr Cash $8,960 Sales $7,929.20 HST Paid $1,030.80 Cash $7929.20 Cost of Goods Sold $8960 HST Paid $1,030.80 Page prcdente Page suivante questionnaire 47 de 62 questions enregistres Page 37 de 62