Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Why does an inventory purchase not usually include a RST/PST amount * 1 point a. the RST/PST default has not been set up b. the

Why does an inventory purchase not usually include a RST/PST amount *
1 point
a. the RST/PST default has not been set up
b. the RST/PST amount was missed and not entered
c. the merchandise is for resale and therefore RST/PST exempt
d. only the GST is required on business purchases

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions