Question
Purchases: Invoice date Payment date Supplier Amount (GST inclusive) 12 Nov 2017 10 Jan 2018 Walmart $3,300 23 Mar 2018 11 April 2018 Omicron $5,500
| Purchases: Invoice date | Payment date | Supplier | Amount (GST inclusive) |
| 12 Nov 2017 | 10 Jan 2018 | Walmart | $3,300 |
| 23 Mar 2018 | 11 April 2018 | Omicron | $5,500 |
| 25 June 2018 | 30 June 2018 | Timbertop schools | $6,600 |
Calculate the net Australian GST payable / (refundable) for the quarter ending 30 June 2018 if the business reports GST on:
ii) Accrual basis?
Please show how to work this out?
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Managing Organizational Risk Using The Supplier Audit Program An Auditors Guide Along The International Audit Trail
Authors: Lance B. Coleman Sr.
1st Edition
0873899687, 978-0873899680
