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What is the type and amount of the cheque

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Reference no: EM132774525

A business had the following balances on the day it was to remit HST to the government:

HST Recoverable $2,278

HST Payable: $4,728.

Problem 1: What is the type & amount of the cheque?

a) The cheque to the government should be $4,728.

b) The refund from the government should be $2,278.

c) The refund from the government should be $2,450.

d) The cheque to the government should be for $2,450.

Reference no: EM132774525

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