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Which of the following accounting terminogoy is mathcing with the correct definitions? O a. Acquisition: Occurs when some goods and services are sold without
Which of the following accounting terminogoy is mathcing with the correct definitions? O a. Acquisition: Occurs when some goods and services are sold without GST in their price, even though GST was included in the price of the inputs used to make or supply them. O b. Input tax credit: The GST term for purchase O c. Supplies: The GST term for sales O d. Input-taxed sale: Businesses can claim a credit for the GST included in the price of goods or services (inputs) they buy for use in their business, unless they use the purchase to make input- taxed sales.
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