Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Located in Hope, British Columbia, Mountain View Restaurant and Gift Shop had the following balances in their GST and PST accounts at the end of

image text in transcribed
Located in Hope, British Columbia, Mountain View Restaurant and Gift Shop had the following balances in their GST and PST accounts at the end of the quarter: GST ITC's $ 45,000 GST Collectible $ 88,500 PST Payable $ 27,000 Calculate the amount of cash needed to be included with this quarter's GST tax return. Enter your response in whole numbers only, with NO dollar sign and NO decimal, and NO comma's; in fact, no alpha-numeric keystrokes of any kind. JUST the numbers as keystrokes. For instance, $49,200.00 must be entered as 49200 and nothing else, just those 5 keystrokes. Round all numbers off to the nearest whole number. Anything else will be marked as incorrect, so be very careful with your entered

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

British And German Banking Strategies

Authors: S. Janssen

1st Edition

0230220487, 9780230220485

More Books

Students also viewed these Accounting questions

Question

Why might a home country intervene in foreign direct investment?

Answered: 1 week ago

Question

Add or subtract as indicated. Add. 21p - 8 -9p +4

Answered: 1 week ago