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What will be amount of HST that Bronte-Saurus will remit

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Reference no: EM133051820

Question - Bronte & Saurus Company seels hardwood flooring to customers from its retail locations. It buys its flooring from Woodchuck Mills, which charges Bronte & Saurus 13 percent HST whenever it makes a purchase. In 2015, Bronte & Saurus bought $ 50,000 worth of flooring from Woodchuck and made sales of $ 123,000, on which it charged its customers 13 percent HST. What will be the amount of HST that Bronte & Saurus will remit to the Receiver General for Canada for 2015?

A. $9,490

B. $15,990

C. $6,500

D. $13,000

Reference no: EM133051820

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