Chapter 4
Current Liabilities
203
Date
Account Title and Explanation
Debit
Credit
AP-19B (
4
)
Tasty Cafe has recorded all its transactions for September 2017. As of September 30, the
balance of the HST Payable account was $3,500 and the balance of the HST Recoverable
account was $3,900.
Required
a) Will Tasty Cafe be remitting sales tax to the government, or will it receive a refund?