Question
Complete the chart. If the payable is less than the recoverable amount, there will be a refund claim. Month HST Payable HST Recoverable Remittance Amount
Complete the chart.
If the payable is less than the recoverable amount, there will be a refund claim.
Month | HST Payable | HST Recoverable | Remittance Amount | Refund Claim | Due Date |
January 31 | $1892.76 | $798.45 | $1094.31 | N/A | Feb 15 |
February 28 | $1673.58 | $967.54 |
|
|
|
March 31 | $2167.45 | $1688.78 |
|
|
|
April 30 | $715.64 | $840.68 |
|
|
|
May 31 | $2183.45 | $2556.83 |
|
|
|
June 30 | $8582.45 | $7352.58 |
|
|
|
Step by Step Solution
3.39 Rating (161 Votes )
There are 3 Steps involved in it
Step: 1
January 31 HST Payable 189276 HST Recoverable 79845 Remittance Amount HST Payable HST Recoverable 189276 79845 109431 Refund Claim Since the Remittanc...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
