This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The basic concept of the quick method of accounting for GST/HST is best described as follows: (Read 117 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Nov 11, 2019
The basic concept of the quick method of accounting for GST/HST is best described as follows:
◦ The quick method allows a small company to pay as little tax as possible.
◦ Only small companies with total sales of less then $150,000 can use the quick method.
◦ A small company with large capital purchases should always avoid using the quick method.
◦ A smaller company will remit about as much tax as they would if detailed records were maintained.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by justinmsk on Nov 11, 2019

adf223

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


justinmsk

  • Member
  • Posts: 524
Reply 2 on: Nov 11, 2019
Thanks for the timely response, appreciate it

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

The three basic body plans of bilaterally symmetrical animals. The three basic body plans of bilaterally symmetrical animals.
Neural tissue that has been stained by the Golgi method. Because only a few neurons take up the ... Neural tissue that has been stained by the Golgi method. Because only a few neurons take up the ...
Nursing: A Concept-Based Approach to Learning, Volume II, 3rd Edition Nursing: A Concept-Based Approach to Learning, Volume II, 3rd Edition
Linear programming problems using the simplex method. Linear programming problems using the simplex method.
Derive the following using the increment/delta method and find its slope Derive the following using the increment/delta method and find its slope
Offset Method Plot of Land Offset Method Plot of Land
Video: Mutations and translation

For a complete list of videos, visit our video library