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  3. Study Set
    Fundamental Accounting Principles
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    Exam 5: Accounting for Merchandising Activities
  5. Question
    Some Businesses Use Only One Account to Keep Track of the Amount
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Some Businesses Use Only One Account to Keep Track of the Amount

Question 71

Question 71

True/False

Some businesses use only one account to keep track of the amount of goods and services tax (GST) and/or Harmonized Sales Tax (HST) owed or owing.

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