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Given the list of transactions below, complete the Business Activity Statement for SaleSmarts'. Use the excerpt of the Business Activity Statement provided. Between Jan and
Given the list of transactions below, complete the Business Activity Statement for SaleSmarts'. Use the excerpt of the Business Activity Statement provided. Between Jan and March 2021, 'SaleSmarts' recorded the following details. Sales $96,800 $8,470 Purchased office equipment Fresh fruits purchased for staff consumption $572 Paid utilities $1,320 Paid bank interest $249 Paid wages and salaries $33,200 PAYG Tax Withheld $4,524 $1,650 Paid for stationery and office supplies The above transactions include GST where appropriate. Required: Complete the Business Activity Statement for SaleSmarts' using the information given above. Record your answers in the table provided below. (3 Marks) below. (3 Marks) AA B 1 Questions Answers Box 1A: GST on sales Box 4: PAYG tax withheld Box 8A: Box 1B: GST on purchases Box 8B: Tax payable or refund? Box 9: - nage Neyt na
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