Multiple Choice
Accounting for GST includes
A) crediting GST Payable to record GST paid on inventory for resale.
B) crediting GST Recoverable to record GST collected from customers.
C) debiting GST Recoverable to record GST paid to suppliers.
D) debiting GST Payable to record GST collected from customers.
Correct Answer:
Verified
Correct Answer:
Verified
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