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Invoice date Payment received Customer Amount (GST Inclusive) 13 May 2018 16 July 2018 Polco J $3,300 23 June 2018 30 June 2018 Timber T
Invoice date | Payment received | Customer | Amount (GST Inclusive) |
13 May 2018 | 16 July 2018 | Polco J | $3,300 |
23 June 2018 | 30 June 2018 | Timber T | $8,800 |
30 June 2018 | 14 July 2018 | Jayden T | $9,900 |
Using the information provided above, determine the quarterly Australian BAS period each of the above transactions would be reported if the business is using:
i) Cash method of reporting for GST and
ii) Accrual method of reporting for GST
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