Question
The correct journal entry for a business remitting HST to the governmentwould be: Question 11 options: a)debit Tax Expense, credit HST Payable. b)debit Tax Expense,
The correct journal entry for a business remitting HST to the governmentwould be:
Question 11 options:
a)debit Tax Expense, credit HST Payable.
b)debit Tax Expense, credit Bank.
c)debit Bank, debit HST Recoverable, credit HST Payable.
d)debit HST Payable, credit HST Recoverable, credit Bank.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
