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on her Benny's Bagels operates in a province that has HST collected by the federal government at a rate of 12%. During the month of
on her Benny's Bagels operates in a province that has HST collected by the federal government at a rate of 12%. During the month of December 2010 Berry's Bagets purchased baking materials for $12,000, bought a new oven for $15,000; paid salaries of 514,000, and, had cash sales of $35,000. What is the correct journal entry to record the payment of the HST amount owing at the end of December? OA HST Receivable 900 980 OB HST Payable HST Receivable HST Recoverable 4.200 720 4,020 OCHST Payable 4.200 HST Recoverable Cash 3.240 980 OD 4200 HST Recoverable HST Payable Cash 3.240 000 atten Click to select your
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