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9. ABC Ltd is a consulting company. The company is registered for GST and accounts for GST on the cash basis. During June 2017 ABC
9. ABC Ltd is a consulting company. The company is registered for GST and accounts for GST on the cash basis. During June 2017 ABC Ltd recorded these transactions: 10 June Received $6,000 + GST for consulting on energy usage 18 June Received $3,850 (including GST) for consulting services 22 June Purchased equipment. Paid $2,000 + GST What is the amount of the cheque sent to the ATO for the net amount of GST payable for the month of June? a. $950 b. $785 c. $750 d. $200
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