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A business purchases 10 digital televisions for use in its ofces. When the televisions arrive at the workplace the owner of the business decides that

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A business purchases 10 digital televisions for use in its ofces. When the televisions arrive at the workplace the owner of the business decides that one will be taken home. The total cost of the acquisition was $16,500 (GST inclusive}. Describe (80 10-1} words} how vou would process this to complv with taxation reporting requirements. How much input tax credit could be claimed and why

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