Jim's Pharmacy has collected $500 in HST during March. If sales taxes must be remitted to the Canada Revenue Agency monthly, what entry will Jim's Pharmacy make to show the March remittance? Select one: A. HST Expense HST Payable B. HST Expense Cash C. HST Payable Cash D. No entry required. 500 500 500 500 500 500

Jim's Pharmacy has collected $500 in HST during March. If sales taxes must be remitted to the Canada Revenue Agency monthly, what entry will Jim's Pharmacy make to show the March remittance? Select one: A. HST Expense HST Payable B. HST Expense Cash C. HST Payable 500 Cash 500 500 500 500 500 D. No entry required