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  3. abbotsford bikes ltd. reports cash sales of $6,500

Abbotsford Bikes Ltd. reports cash sales of $6,500 on October 1. (a) Record the sales...

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Accounting

Abbotsford Bikes Ltd. reports cash sales of $6,500 on October 1.

(a) Record the sales assuming they occurred in Ontario and are subject to 13% HST (charged on selling price only).

(b) Record the sales assuming they occurred in Quebec and are subject to 5% GST and 9.975% QST (charged on selling price before GST)

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