Which one of the following statements about taxes is incorrect - 5 points HST payable...
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Accounting
Which one of the following statements about taxes is incorrect - 5 points HST payable is processed in the payments journal HST paid is processed in the purchases journal all of the above are correct HST refunds are processed in the cash payments journal The PST (retail sales tax) remittance recorded in the payments journal will * 5 points debit PST Payable, credit Bank and PST Compensation deblt PST Payable, credit Accounts Payable and PST Compensation deblt PST Payable, credit Accounts Payable, debit PST Payoble, credit Bank
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