Regarding Provincial Sales Tax (PST) Non-Financial and Current Liabilities 13-

Multiple Choice

Regarding Provincial Sales Tax (PST) Non-Financial and Current Liabilities 13- 11

A) the purchaser includes any PST paid in the cost of the goods or services.
B) all PST paid is recorded in a "PST Expense" account.
C) all PST paid is recorded in a "PST Recoverable" account.
D) for statement of financial position presentation, a PST registrant "nets" any PST paid
Against any PST collected from customers.