Question
Advertising 3300 INcluding GST INsurance 1875 INcl GST Bank Fees 300 NO GST INterest Payment (loan) 6600 NO GST Wages 22500 NO GST Utilities 1235
Advertising 3300 INcluding GST
INsurance 1875 INcl GST
Bank Fees 300 NO GST
INterest Payment (loan) 6600 NO GST
Wages 22500 NO GST
Utilities 1235 INcluding GST
REnt 11000 INcluding GST
| GST Budget | |||||||||||||
| Quarter | Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | Total | ||||||||
| Month | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | |
| GST collected | $2,475 | $3,300 | $2,970 | $3,300 | $1,650 | $825 | $825 | $1,650 | $825 | $825 | $825 | $1,650 | $21,120 |
| Less GST Paid on: | |||||||||||||
| Advertising | |||||||||||||
| Insurance | |||||||||||||
| Utilities | |||||||||||||
| Rent | |||||||||||||
| Total GST paid | |||||||||||||
| Total GST Payable | |||||||||||||
| Quarter GST Paid |
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
