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Complete business activity and instalment activity statements in Australia Advanced BAS Topics: Cash or Accrual Accounting The accounts Method Lodgement Procedure Q1 What are the

Complete business activity and instalment activity statements in Australia

Advanced BAS Topics:

  • Cash or Accrual Accounting
  • The accounts Method
  • Lodgement Procedure

Q1What are the two methods available for accounting for GST?

In your own words, explain the difference between the two methods.

Q 2 For a business to prepare the Business Activity Statement using the accounts method, what must its accounting records be able to identify?

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