Question
Olivia owns a business and is registered for GST and purchased a motor vehicle for $34,100 from a registered supplier which she will use 30%
Olivia owns a business and is registered for GST and purchased a motor vehicle for $34,100 from a registered supplier which she will use 30% of the time for private purposes.
Olivia holds a tax invoice for the purchase. What input tax credits on she claim?
$930
$3,100
$3,410
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Cornerstones of managerial accounting
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
5th edition
978-1305302327, 130530232X, 978-1133943983
