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Angie's Bake Shop files GST returns monthly, and the GST rate is 5%. The figures in the following table represent the store's GST taxable
Angie's Bake Shop files GST returns monthly, and the GST rate is 5%. The figures in the following table represent the store's GST taxable sales and purchases for which GST is paid for the indicated months of the year. As part of a year-to-date review, determine Angie's Bake Shop's net GST remittance and if they owe the government money or are entitled to a refund. The GST remittance is a(n) (Round to the nearest cent as needed.) of $0. ww. Month January February March April May Purchases Sales $525,511 $178,695 695,180 294,427 61,286 106,331 180,420 549,487 218,519 519,545
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