Multiple Choice
A return of merchandise to the supplier was made for $ 100 plus taxes. The GST related to the return would appear as a
A) $ 5 debit to GST Recoverable.
B) $ 5 credit to GST Recoverable.
C) $ 5 credit to GST Payable.
D) $ 5 debit to GST Payable.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q43: Located in Hope, British Columbia, Mountain
Q44: Located in Saskatchewan, Watrous Resort at
Q45: When office supplies are purchased, the amount
Q46: Postings to the control account are made
Q47: HST is remitted to the<br>A) Minister of
Q49: The value in use calculation for an
Q50: When both control and subsidiary accounts are
Q51: GST applies at a rate of _
Q52: In a perpetual inventory system, the purchases
Q53: Having a sales journal means that only