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SafeRite Storage Company files GST returns monthly, and the GST rate is 5%. The figures in the following table represent the store's GST taxable
SafeRite Storage Company files GST returns monthly, and the GST rate is 5%. The figures in the following table represent the store's GST taxable sales and purchases for which GST is paid for the indicated months of the year. As part of a year-to-date review, determine SafeRite Storage Company's net GST remittance and if they owe the government money or are entitled to a refund. Month The GST remittance is a(n) of $ D (Round to the nearest cent as needed.) Purchases Sales January February $631,873 $ 680,732 605,291 497,652 March 487,891 287,079 April 121,513 192,751 May 288,835 584,394
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