What will be the Journal Entry(s) to record the payment of HST. If an enterprise...
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Accounting
| What will be the Journal Entry(s) to record the payment of HST. If an enterprise purchases |
| materials worth $12,000 and used materials worth $10,000 in the month of January |
| Also one machine was purchased worth $15,000 for which salvage value is $1,000 at the |
| end of 5 years. There were some Cash Sales of $40,000 in the same month. Round final |
| answers to nearest whole dollar. Consider HST rate of 12% |
| [5 marks] |
| I'LL DOWNVOTE FOR INCORRECT ANSWER |
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