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Chrystal View Pty Ltd has provided an extract of their forecasted cash flow and you have prepared the BAS for the September quarter. (2 Marks)

  1. Chrystal View Pty Ltd has provided an extract of their forecasted cash flow and you have prepared the BAS for the September quarter. (2 Marks)

Extracted forecasted cash flow

September

October

November

December

Estimated

$30,000

($70,000)

($50,000)

$10,000

Required:

Chrystal View Pty Ltd reports and pays GST quarterly. From the above information what would you bring to the attention of your client regarding the tax (GST) obligations?

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