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Nov 10, 2020 8:40 pm
I've paid our company's GST collected to the GST/HST revenue canada department: is there a item code and entry for this on the T2 schedule 125?
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Nov 18, 2020 3:20 pm
GST/HST collected from customers and GST/HST payments made to the CRA should be recorded in a GST/HST liability account, which is reported on GIFI Schedule 100, Balance Sheet.