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Accounting for GST includes Question 3 options: A) ...

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Question

Accounting

Accounting for GST includes
Question 3 options:
A)
crediting GST Payable to record GST paid on inventory for resale.
B)
debiting GST Payable to record GST collected from customers.
C)
debiting GST Receivable to record GST paid to suppliers.
D)
crediting GST Receivable to record GST collected from customers.

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