Question
A registered entity has the following receipts for the quarter Sales [GST Free] 15,000 Sales [including GST] 110,000 Rent income received on a commercial property
A registered entity has the following receipts for the quarter
Sales [GST Free] 15,000
Sales [including GST] 110,000
Rent income received on a commercial property [including GST] 22,000
Dividend income 5,000
Business Loan from Bank of Victoria 85,000
Additional owners capital 25,000
Required : Calculate the amount to be recorded at T1
Pls answer as soon as poosible
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Internal Auditing In Plain English A Simple Guide To Super Effective ISO Audits
Authors: Craig Cochran
1st Edition
1932828168, 978-1932828160
