Why Might GST Amounts in the Ledger Differ from the GST

question 14

Multiple Choice

Why might GST amounts in the ledger differ from the GST report -

• A) GST paid is recorded from the total in the purchases journal
• B) there is an outstanding GST account balance before the first journal entry
• C) GST charged is recorded from the sales journal
• D) the GST ledger and GST report are always in balance

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Definitions:

Enslaved Women

Females who were subjected to slavery, denying them their freedom and rights.

Slave Population

The segment of a country's or region's population that is subjected to slavery, which involves forced labor and lacks personal freedom.

Mulattoes

Historically, a term used to refer to individuals born from one white parent and one black parent, or more broadly, to people of mixed African and European ancestry.

Recorded

Pertains to the act of capturing data, events, or performances on various media for the purpose of preservation or later playback.