This topic contains a solution. Click here to go to the answer

Author Question: The basic concept of the quick method of accounting for GST/HST is best described as follows: (Read 114 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
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.


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
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
Wow, this really help


komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

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?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

For a complete list of videos, visit our video library