Multiple Choice
Which one of the following statements about taxes is incorrect -
A) HST paid is processed in the purchases journal
B) HST payable is processed in the payments journal
C) HST refunds are processed in the cash payments journal
D) all of the above are correct
Correct Answer:
Verified
Correct Answer:
Verified
Q3: For a purchase from a foreign supplier,
Q4: When the exchange rate for a foreign
Q5: The linked account for foreign currency transactions
Q6: The currency setting for a supplier -<br>A)
Q7: The PST (retail sales tax) remittance recorded
Q9: When you enter a different exchange rate
Q10: You must choose Full Add to create
Q11: The main reason for adding the reminder
Q12: Exchange rates for foreign currency transactions -<br>A)
Q13: Which one of the following general statements