At December 31, 2020, Nixel Corp

question 89

Multiple Choice

At December 31, 2020, Nixel Corp.'s records show the following balances, all of which are normal: PST Payable, $ 800; GST Payable, $ 500; GST Receivable, $ 345. In January 2021, Nixel pays the Federal Government the net amount owing regarding GST owing from December. The journal entry to record this payment will include a

• A) debit to GST Payable of $ 155.
• B) credit to Cash of $ 500.
• C) credit to GST Payable of $ 500.
• D) credit to GST Receivable of $ 345.

---

Definitions:

Hormonal Imbalances

A state where there is too much or too little of one or more hormones in the bloodstream.

Caloric Intake

The total amount of calories consumed through food and drink in a given period, important for managing weight and nutrition.

Compensatory Education

Educational programs designed to overcome deficiencies in the core academic skills of certain groups of students.

Parental Training

Programs or strategies designed to help parents effectively raise and manage their children.