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#8) (3 Marks) You and your brother own Better Sewer Repairs, operated in Calgary Alberta. Alberta does not have a provincial sales tax and does
#8) (3 Marks) You and your brother own Better Sewer Repairs, operated in Calgary Alberta. Alberta does not have a provincial sales tax and does not participate in the HST program. The following information is provided for the first reporting period (The amounts below do not include GST) Sales subject to GST Equipment purchased Supplies purchased Wages Paid Rent Paid $93,000 $56,000 $45,000 $20,000 $7,000 Required: Given the above information, what should Better Sewer Repairs GST payable or refund be? Show all calculations
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