Question
Cuppa's Ceramics Pty Ltd is ceramics business making cups, saucers and other ceramic kitchen-wares.They report and pay GST quarterly. The tables below provide summarised sales
Cuppa's Ceramics Pty Ltd is ceramics business making cups, saucers and other ceramic kitchen-wares.They report and pay GST quarterly. The tables below provide summarised sales and purchases information for the business.
- Using the information provided below, determine and fill inTable 3 andTable 4 the quarterly BAS period in which each of the transactions would be reported if the business is using:
- Accrual method of reporting for GST
- Cash method of reporting for GS
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The Legal and Regulatory Environment of Business
Authors: Marisa Pagnattaro, Daniel Cahoy, Manning Magid, Lee Reed, Pe
17th edition
78023858, 978-1259621741, 125962174X, 978-0078023859
