There are several parts to this assessment.
Part 1: Fill in the Blank
Part 2: Taxes
Part 3: Source Documents
Part 4: HST Schedule, Journal Entries, and Taxes in Google Sheets
There are several parts to this assessment.
Part 1: Fill in the Blank
Part 2: Taxes
Part 3: Source Documents
Part 4: HST Schedule, Journal Entries, and Taxes in Google Sheets
Word Bank:
bank credit advice
bank debit advice
book of original entry
cash receipts daily summary
cash sales slip
cheque copy
clearing an account on balance
contra account
compound
credit
debit
Goods and Services Tax (GST)
Harmonized Sales Tax (HST)
journal
journal entry
journalizing
opening entry
point of sale (POS) terminal
Provincial Sales Tax (PST)
purchase invoice
remittance
remittance advice
Retail Sales Tax (RST)
sales invoice
source documents
transaction log
value-added tax
A. A ruled book in which accounting entries are recorded in the order in which they occur is called a(n)
B. The journal is sometimes referred to as the
C. When recording a journal entry, the
D. A journal entry that affects more than two accounts is called a(n)
E. The accounting department learns of transactions from business papers called
F. A computerized sales register for cash sales is called a(n)
G. A
H. The
I. A(n) bank
J. Some provinces share taxation responsibilities with the federal government by applying a tax named the
A. Cash sale of product or service.
1. The Source Document
2. The Account Debited
3. The Account Credited
B. Payment on account.
1. The Source Document
2. The Account Debited
3. The Account Credited
C. Sale on account.
1. The Source Document
2. The Account Debited
3. The Account Credited
D. Purchase of supplies on account.
1. The Source Document
2. The Account Debited
3. The Account Credited
E. Bank Service Charge
1. The Source Document
2. The Account Debited
3. The Account Credited
3. Cathy Wallace paid $804.60, including 13% HST, for some supplies.
A. Calculate the price of the supplies before the sales tax was added.

What type of source document is this?
What is the purpose of the source document?
B. Calculate the sales tax on the goods.
Who issued it?