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Mrs Ashton has a son and they are in partnership. For the first quarter of the 2016/2017 income year the details were as follows Sales

Mrs Ashton has a son and they are in partnership. For the first quarter of the 2016/2017 income year the

details were as follows

Sales (including GST) $44,000

Mrs Ashton's share of income from 2016/17 year was as follows;

Partnership

ogross income$170,000

oExpenses$120,000

oNet Profit$50,000

oShare for Mrs Ashton 50%

oMrs Ashton had other instalments amounting to $53,150.

Required:

a)Calculate Mrs Ashton & her Son's share of the partnership's instalment income for the quarter

b)Identify the appropriate BAS Statement classifications (BAS box) for the following:

a.Sales including GST

b.GST

c.Instalment Income

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