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Roslyn operates a legal practice. She also offers monthly legal update seminars which are very popular with other small practitioners. Her income and expenses (all

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Roslyn operates a legal practice. She also offers monthly legal update seminars which are very popular with other small practitioners. Her income and expenses (all of which are GST inclusive) for the year are as follows: Income $ 1,250,000 Legal fees Dividends (with franking credits attached of $30,000) Payments from legal update seminars 70,000 184,000 22.400 41,200 1,200 600,000 58,000 Expenses Legal publishers for online access to legal publications Electricity Parking fines Wages to staff Fuel and lease expenses for staff cars Purchase of new office furniture Lease of computers and photocopiers Payments to commercial cleaning company Payments to retired employee who comes in monthly to attend to the garden. He operates a small business, with a turnover of $38,000 and is Unregistered for GST 32.470 41,890 15,175 5,900 REQUIRED: CALCULATE and EXPLAIN the net GST payable or refundable to Roslyn. Maximum size for new files: 500MB Files Roslyn operates a legal practice. She also offers monthly legal update seminars which are very popular with other small practitioners. Her income and expenses (all of which are GST inclusive) for the year are as follows: Income $ 1,250,000 Legal fees Dividends (with franking credits attached of $30,000) Payments from legal update seminars 70,000 184,000 22.400 41,200 1,200 600,000 58,000 Expenses Legal publishers for online access to legal publications Electricity Parking fines Wages to staff Fuel and lease expenses for staff cars Purchase of new office furniture Lease of computers and photocopiers Payments to commercial cleaning company Payments to retired employee who comes in monthly to attend to the garden. He operates a small business, with a turnover of $38,000 and is Unregistered for GST 32.470 41,890 15,175 5,900 REQUIRED: CALCULATE and EXPLAIN the net GST payable or refundable to Roslyn. Maximum size for new files: 500MB Files

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