Multiple Choice
At the end of the quarter, Company 21 had invoiced total PST of $ 5,500. The entry to record the quarterly remittance would require the following entry plus a cheque made out to ___.
A) Dr. PST Payable, the Minister of Finance
B) Dr. PST Recoverable, the Minister of Finance
C) Dr. PST Payable, the Receiver General for Canada
D) Dr. PST Recoverable, the Receiver General for Canada
Correct Answer:

Verified
Correct Answer:
Verified
Q55: Lawn-care services of $ 350 were provided
Q56: The market interest rate is 5%. Your
Q57: Those transactions that cannot be entered into
Q58: Simon has $ 8,714.40 in his savings
Q59: Purchase invoices are used as source documents
Q61: Posting from the sales journal to individual
Q62: The rate of interest is generally stated
Q63: A series of receipts in varying amounts,
Q64: Common subsidiary ledgers include<br>A) accounts payable, accounts
Q65: Furniture purchased for the office would include