Question
(5 Marks) GST Advise Maddox Meats Pty Ltd on the GST implications (showing calculations and legislative references) on the following for 2009-2010 financial year: 1.
(5 Marks) GST Advise Maddox Meats Pty Ltd on the GST implications (showing calculations and legislative references) on the following for 2009-2010 financial year:
1. Income from wholesale sales of frozen meats $450,000
2. Purchase of new fridge for delicatessen business $15,000
3. Purchase of packaging materials used for wrapping foods $3000
4. Payment of wages $200000
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Introductory Financial Accounting For Business
Authors: Thomas Edmonds, Christopher Edmonds, Mark Edmonds, Jennifer Edmonds, Philip Olds
2nd Edition
1260575306, 978-1260575309
