Why Might GST Amounts in the Ledger Differ from the GST

question 42

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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