Nettet25. jul. 2016 · Canada Revenue Agency (CRA) states that you are to “enter the total amount of revenue from supplies of goods and services, including zero-rated supplies and other revenue”. This means that it is your total sales, including exempt and zero-rated … Nettet26. jan. 2024 · Line 101: $100,000 (Sales and other revenue) Line 105: $13,000 (Total GST/HST collected) Line 108: $2,300 (Total ITCs – $20,000/113 X 13) Line 115: $10,700 (HST to be remitted to the CRA) Therefore, using the regular method of accounting James will remit $10,700 in HST. 2. Now let’s calculate the HST owing using the Quick Method …
Complete and file a GST/HST return - Canada.ca - GitHub Pages
Nettet19. nov. 2013 · Line 101 should be the total amount of sales including HST (For example, if the sales to customers are $1,000 in the year, then the total amount including HST to be reported on line 101 is $1,130) 2. Line 105 is equal to 8.8% of Line 101 (e.g. 8.8% x $1,130). This comes to $99.44. 3. Line 109 reports the amount to be remitted to the CRA. Nettet24. aug. 2024 · Enter your total sales and other revenue on Line 101. Don’t include provincial sales tax, GST or HST. (However, if you’re using the Quick Method of … the hunchback of notre dame 1939 movie
Income Statement - Definition, Explanation and …
Nettet30. jul. 2024 · Line 101 wants me to give the total sales and other revenue. Currently i have the following data. Sub Total of all orders Shipping cost paid by customer Tax … Nettet13. mar. 2024 · Sales Revenue is the company’s revenue from sales or services, displayed at the very top of the statement. This value will be the gross of the costs … NettetLine 101 – Sales and other revenue. For each reporting period, add your revenues from taxable supplies (include the GST/HST at the rate that applied at that time) … the hunchback of notre dame 1923 trailer