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Fairy Meadows Outdoors Maintenance operates a lawn care business. It accounts and reports for GST on an Accruals basis. During the September quarter they
Fairy Meadows Outdoors Maintenance operates a lawn care business. It accounts and reports for GST on an Accruals basis. During the September quarter they incurred or paid the following: All amounts include GST where applicable. Solution with comments: Advertising Sationery Laptop computer Motor vehicle (100% business use) Lawn supplies Superannuation (employees) Telephone bill (100% business use) Wages Required: Calculate items G10 and G11 for Fairy Meadows Outdoors Maintenance September BAS. Capital purchases (including any GST) G10 G11 $8000 $570 $3800 $34600 $42500 $7540 $3450 $47426 Non-capital purchases (including any GST) G10 1 G11 $
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
