Question 3:

Is the registration is required for Mirchi Express?

When would the GST start? What date registration is required and should be completed?

Question 4:

How do you calculate the HST using the Quick method and Regular Method?

Question 3 (9 marks) Mirchi Express Unincorporated business Required: PART A: Advise Mirchi Express if registration is required. PART B: When would the GST start? Provide your analysis supported by Calendar Quarter test and Last four Quarter test. PART C: By what date registration is required and should be completed Mirchi Express is new unincorporated business which offers accounting services. During its first six calendar quarters, the following fees were recorded: January to March 2018 $8,500 April to June 2018 6,200 July to September 2018 7,400 October to December 2018 7,600 January to March 2019 8,400 April to June 2019 9,200 Question 4 (8 Marks) Her Boots & Handbags ("HBH") Ontario based HST 13% Required: Compare the use of the Quick Method and Regular Method for this quarter. Her Boots & Handbags sells only fully taxable shoes, boots and handbags to exclusive clientele. During the first quarter of the year HBH has: O Sales of $56, 100 before HST O All current expenses subject to HST are $23,400 (before HST) Capital expenditures $42,000 before HST were made to add a new line of flip flop