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Which of the following is CORRECT regarding Harmonized Sales Tax (HST)? Answers A - E A HST collected is an expense of the end customer.
Which of the following is CORRECT regarding Harmonized Sales Tax (HST)? Answers A - E A HST collected is an expense of the end customer. B HST paid is not recoverable by the company. C HST return filed to CRA should only include HST collected from the sale of the product E D HST is not recognized by the company until they are submitted to the CRA. When a company sells a product, the company can recognize the revenue including the HST
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