Question
Question 3 - Awesome Bites Pty Ltd The quarterly sales and expenditure details of Awesome Bites Pty Ltd for the quarter ending 31 March, 20X5
Question 3 - Awesome Bites Pty Ltd The quarterly sales and expenditure details of Awesome Bites Pty Ltd for the quarter ending 31 March, 20X5 can be found in Appendix Case Study - Awesome Bites Pty Ltd along with other organisation details. Prepare a GST Calculation worksheet for the quarter ending 31 March, 20X5 and complete all the relevant sections of BAS using the sample form provided. Financial Information for March quarter. Note that all the figures below are GST inclusive amount unless mentioned otherwise. Awesome Bites Pty Ltd Quarter ending 31 March, 20X5 Details Jan Feb Mar Total Sales 12500 9900 14980 37380 Sales- GST Free 2900 3100 1450 7450 Trade Purchases 7600 3200 900 11700 Bookkeeping fees 440 440 440 1320 Marketing expenses 550 573 582 1705 Electricity/Gas 90 105 100 295 General office expenses 45 52 63 160 Website expense 60 - 22 82 Repairs & Maintenance 87 180 45 312 Rent 2200 2200 2200 6600 Telephone 35 35 35 105 Wages & Salaries (gross) 1800 1650 1920 5370 PAYG tax withheld 327 288 332 947 Assets were purchased as follows: Stove - - 4500 4500 Computer - 1499 - 1499
Financial Information for March quarter.
Note that all the figures below are GST inclusive amount unless mentioned otherwise.
Awesome Bites Pty Ltd
Quarter ending 31 March, 20X5
Details | Jan | Feb | Mar | Total |
Sales | 12500 | 9900 | 14980 | 37380 |
Sales- GST Free | 2900 | 3100 | 1450 | 7450 |
Trade Purchases | 7600 | 3200 | 900 | 11700 |
Bookkeeping fees | 440 | 440 | 440 | 1320 |
Marketing expenses | 550 | 573 | 582 | 1705 |
Electricity/Gas | 90 | 105 | 100 | 295 |
General office expenses | 45 | 52 | 63 | 160 |
Website expense | 60 | - | 22 | 82 |
Repairs & Maintenance | 87 | 180 | 45 | 312 |
Rent | 2200 | 2200 | 2200 | 6600 |
Telephone | 35 | 35 | 35 | 105 |
Wages & Salaries (gross) | 1800 | 1650 | 1920 | 5370 |
PAYG tax withheld | 327 | 288 | 332 | 947 |
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Assets were purchased as follows: |
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Stove | - | - | 4500 | 4500 |
Computer | - | 1499 | - | 1499 |
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