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23, 24 Q23. In your own words, discuss the ATO requirements for the preparation and submission of BAS and IAS for: a) Individuals (Sole Traders)

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Q23. In your own words, discuss the ATO requirements for the preparation and submission of BAS and IAS for: a) Individuals (Sole Traders) (50-100 words) b) Companies (50-100 words) A: Q24. Give at least two (2) examples of the following GST terminology as it relates to Business Activity Statements: Classifications of GST Items Regulations regarding GST Obligations of organisations . A

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