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give me ans plss P Flag question In the previous question, if ITC claim was $7,000, will the business have to pay HST to CRA?
give me ans plss
P Flag question In the previous question, if ITC claim was $7,000, will the business have to pay HST to CRA? (a) Yes (b) No (c) The net amounts will balance out (d) None of the above O A. Yes B. No O C. The net amounts will balance out O D. None of the above ABC Inc. operates business in Ontario and Alberta. Its revenues from Ontario was $50,000 for a period and revenues from Alberta represented $10,000. The business has an ITC (Input Tax Credit) claim of $3,200. How much HST does the business have to remit for the period? A) $3,250 B) $7,000 C) $3,800 D) $6,500 O A. $3,250 O B. $7,000 O C. $3,800 OD. $6,500 Step by Step Solution
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