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Shine Pty Limited ( Shine ) is an Australian resident company that was incorporated in 2 0 1 5 . After purchasing several investments including
Shine Pty Limited Shine is an Australian resident company that was incorporated in After purchasing several investments including real estate and shares, in Shine commenced business as a computer equipment wholesaler with both Australian and overseas clients. Julia Tan, the Managing Director of Shine, has terminated Sahid Tram, the companys accountant, as she is concerned that there are several errors in the returns prepared. Julia has provided the following information produced by Sahid:
c Preparation of June Business Activity Statement BAS & notes PHOTO
QUESTION:
C Julia has requested that you prepare a statement of advice including: Any necessary corrections to Sahids preparations of Business Activity Statement that
impacts GST on sales, GST on purchases and net GST payable. Each correction should be supported by a brief explanation and correct referencing from legislation, along with any workings and calculations.
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