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    Financial Accounting Tools Study Set 5
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    Exam 10: Reporting and Analyzing Liabilities
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    A Customer Paid a Total of $8,960 for a Purchase
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A Customer Paid a Total of $8,960 for a Purchase

Question 21

Question 21

Multiple Choice

A customer paid a total of $8,960 for a purchase, including 13% HST (Harmonized Sales Tax) . How much was the HST?


A) $8,960
B) $8,000
C) $1,075
D) $1,031

Correct Answer:

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