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What will be The Bad Debt Recovery Journal Entry

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Reference no: EM132718694

Problem - An Ontario Sport Store selling Taxable Products provides you that the following HST Included Financial information for this month:

Retail Store in Toronto, Shirts and shorts - $1,200

Sale to Bloomingdale's in New York, USA, shirts - $2,000

Bad debt Recovery-Ontario retail customer sales last month shirts - 50% of $1,000 of Revenue including HST sold last month and recognized as bad debt for HST purposes.

Telephone Expense - $50

Required - What will be The Bad Debt Recovery Journal Entry dollar Amount to HST Payable, rounded to the nearest dollar for this month?

Reference no: EM132718694

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