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GST and BAS calculations - taxation for Australia 2 Using the representation of the GST calculation worksheet for BAS, complete the draft far the preparation

image text in transcribed GST and BAS calculations - taxation for Australia

2 Using the representation of the GST calculation worksheet for BAS, complete the draft far the preparation for the BAS. Figures shown are GST inclusive where applicable. An estimated amount of purchases for private use has been determined to be $25,000 Total sales Expurt sales Input taxed sales Adjustments (sales) Capital purchases 5350,000 $50,000 $10,000 $30,000 $150,000 $10,000 $10,000 Purchases for making input taxed sales GST calculation worksheet for BAS G1 Total sales G1 G1 on the BAS G2 Export sales G2 G2 on the BAS G3 Other GST free sales G3 G3 on the BAS G4 Input taxed sales G4 G5 G2 G3 G4 G5 G Ttal sales subject to GST (G1 G5 G6 G8 Tatal sales subject to GST after adjustments (G6-G7) G9 | GST on sales (G8 divided by eleven G9 A in the section of the BAS G10 Capital purchases G10 G10 on the BAS G11 Non-capital purchases G11 on the BAS G12 G10-G11 G13 Purchases for making input taxed salesG13 G14 Purchases without GST in the price G14 G15 Estimated purchases for private use G16 G13-G14 G15 G16 G17 Tatal purchases subject to GST G12 G16 G18 G19 Tatal purchases subject to GST after G19 adjustments (G17-G18) G20 GST on purchases (G19 divided by 11) G20 1B in the

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