What is another name for GST paid on purchases?
Question:
What is another name for "GST paid on purchases"?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Another name for GST paid on purchases is Input Tax In the context of g...View the full answer
Answered By
Omar ELmoursi
I'm Omar, I have Bachelor degree in Business and Finance, My unique approach is to help students with questions and assignments, I can teach Business, Math, Accounting, Managerial Accounting, Economy, Human resources management, organizational behavior, project management, I have experience dealing with different types of students and teach them how to deal with different types of exercises.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Horngrens Accounting Volume 1
ISBN: 9780135359709
11th Canadian Edition
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol Meissner, JoAnn Johnston, Peter Norwood
Question Posted:
Students also viewed these Business questions
-
The following selected transactions were completed by Drains Co. during November of the current year. The company sells irrigation supplies to both wholesalers and retail customers. Nov. 2. Sold...
-
The following selected transactions were completed by Chao Co. during May and June of the current year. The company sells to wholesalers and retail customers. The wholesalers resell the inventory....
-
The following selected transactions were completed by Gutters Co. during May and June of the current year. The company sells irrigation supplies to both wholesalers and retail customers. The PST rate...
-
A 15 mm 15 mm silicon chip is mounted such that the edges are flush in a substrate. The chip dissipates 1.4 W of power uniformly, while air at 20C (1 atm) with a velocity of 25 m/s is used to cool...
-
(a) What is the entropy change of 1.00 mol of H2O when it changes from ice to water at 0.0C? (b) If the ice is in contact with an environment at a temperature of 10.0C, what is the entropy change of...
-
Ringo loves playing rock n roll music at high volume. Luciano loves opera and hates rock n roll. Unfortunately, they are next-door neighbors in an apartment building with paper-thin walls. a. What is...
-
Provide a description of the shareholdings and management in the following situations: Company 1: capital split between investors each holding the blocking minority; Company 2: large group holding...
-
For each of these five separate cases, identify the principle( s) of internal control that is violated. Recommend what the business should do to ensure adherence to principles of internal control. 1....
-
12 in a 45 b 30 zoom in 4. 4 given this triangle Find a and b given this triangle. You can format your answer like "a=38 in; b=5+13 radical 17" if you cannot find how to enter radicals on your...
-
A company purchases a machine by signing a \(\$ 50,000\), 4 percent, one-year note payable on June 30. Interest is to be paid at maturity. What two current liabilities related to this purchase does...
-
Which of the following items is reported as a current liability on the balance sheet? a. Short-term notes payable b. Estimated warranties c. Payroll withholdings d. All of the above
-
The current price of a nondividend-paying stock is 40 and the continuously compounded risk-free interest rate is 8%. The following table shows call and put option premiums for three-month European...
-
A 1,000-kg object hangs from the lower end of a steel rod 5.0 m long that is suspended vertically. The diameter of the rod is 0.80 cm and Young's modulus for the rod is 210,000 MN/m. What is the...
-
2. Determine the coefficients of the polynomial y = a+ax+a2x+a3x that passes through the points (0,7), (1,11.5), (3,31) and (4,2).
-
Compare and contrast two different research methods that are used in cognitive psychology such as neuroscientific research and naturalistic observation. What is cognitive psychology? In 3 paragraphs...
-
For Year 2 , the Sacramento Corporation had beginning and ending Retained Earnings balances of $ 2 0 8 , 0 5 4 and $ 2 3 1 , 0 1 2 , respectively. Also during Year 2 , the board of directors declared...
-
The following data relate to Heavenly Manufacturing Ltd: During July, 133500 units were completed and transferred out. Work in process, 1 July Direct material Conversion Costs incurred during July...
-
If F(s) = (s + 1)2 (s + 3)2 / (s + 2) (s + 4), find f(t).
-
Does log 81 (2401) = log 3 (7)? Verify the claim algebraically.
-
Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check Ryan's June bank statement shows $19.861 on deposit in the bank. Ryan's comparison of the...
-
Pear Garde Corporation has 150,000 shares of $1.35 preferred stock outstanding in addition to its common stock. The 51.35 designation means that the preferred stockholders receive an annual cash...
-
14. Charlene Cosmetics Company uses a periodic inventory system. The company began business operations in March and made the following four inventory purchases: March 1 March 10 March 15 March 28...
Study smarter with the SolutionInn App