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i can't understand this question only the project 2 Chatham Junior Football Club Inc Profit and Loss (GST Inclusive) Cash Basis 2018 Income GST Classification

i can't understand this question

only the project 2

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Chatham Junior Football Club Inc Profit and Loss (GST Inclusive) Cash Basis 2018 Income GST Classification 2017 GST Canteen Sales GST $61, 167 Interest Received GST $9,966 Marquee Hire GST $200 Merchandise Sales GST $140 Registration Fees GST $101,726 Sippers GST $44,978 Social Function GST $30,069 Sponsorship GST $16,696 Sundry Income GST $6,030 Total cash income $272,989 Expenses Bank Charges GST Free $2, 166 Canteen Services Non GST $6,950 Canteen Supplies GST $30,380 Club Expenses GST $12,725 Club Services Non GST $20,000 Insurance GST $6,859 League Fees GST $14,767 Maintenance GST $4, 152 Merchandise GST $100 Telephone GST $220 Presentation Day GST $18, 110 Printing and Stationery GST $683 Refunds GST $1,443 Rent and Ground Hire GST Free $8,241 Sippers Services Non GST $1,441 Sippers Supplies GST $14,756 Social Fundtion GST $18,909 Team expenses and supplies GST $22,062 Trophies GST $1,276 Umpires GST $22,083 Uniforms GST $14,772 Web Site GST $6,817 Total cash expenses $228,912with the ATO. nce your work is approved by your supervisor arrange for the completed and signed BAS to be lodge Project (2) Chatham Junior Football Club Inc. is a not-for-profit junior football club which has an ABN and is registered for GST. They report annually for GST on a cash basis. From the data provided. a) Calculate the Annual GST amounts for each item b) Identify any private use items and adjustments c) Identify any adjustment amounts d) Complete the GST calculation worksheet supplied e) Complete the quarterly BAS supplied f) Submit the work a) to b) above to your supervisor for checking (for the purposes of this activity the teacher is the supervisor) g) Review any comments and corrections suggested by your supervisor and make the appropriate corrects to your work. h) Resubmit the corrected work to your supervisor. 1) Once your work is approved by your supervisor arrange for the completed and signed BAS to be lodged with the ATO. Submission . You must complete and successfully answer all questions for both projects. Your assessor will be looking for evidence of the ability to: . research, critically evaluate, and apply changes to current or new legislative or professional conduct requirements when preparing business activity statements (BAS) . identify financial transactions required to prepare activity statements and apply the principles and classifications of the goods and services tax (GST) . prepare both BAS and instalment activity statements (IAS) for a range of legal entities that comply with: . Australian taxation law, Australian Taxation Office (ATO) rulings, Tax Practitioner Board (TPB) requirements, and lodgement schedules . accounting principles and practices isational policy and procedures relating to business activity statements

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