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Task 20 cont b) SAVOY P/L has provided an extract of their forecasted cash budget: mammm m Estimated Closing bank balance $20,000 ($50,000) ($40,000) $10,000
Task 20 cont b) SAVOY P/L has provided an extract of their forecasted cash budget: mammm m Estimated Closing bank balance $20,000 ($50,000) ($40,000) $10,000 You have already prepared the BAS for the December quarter, the payment due amount has been calculated in Part (a). Now you need to complete the following two tasks: i) Savoy P/L reports and pays GST quarterly. From the above information, what would you bring to the attention of your client regarding the payment of the net GST amount calculated in part (a)? Your answer should be between 10 to 20 words. ii) What action could Savoy P/L take to meet their BAS payment obligations? Your answer should be between 20 to 30 words. Open Task 20 in the le FNSTPB401_AE_Pro_Iof3_SR_ Templates_l_M5.xlxs and enter your response. Task 20- BAS - Worksheet method & Cash flow 30) Using the information from the file FNSTPB401_AE_Pro_1of3_SR_Scenarios_LMS.docx, enter your response below. b) You have already prepared the BAS for the December quarter, the payment due amount has been calculated in Part (a). Now you need to complete the following two tasks: i) Savoy P/L reports and pays GST quarterly. From the scenario provided, what would you bring to the attention of your client regarding the payment of the net GST amount calculated in part (a)? Your answer should be between 10 to 20 words. i) What action could Savoy P/L take to meet their BAS payment obligations? Your answer should be between 20 to 30 words. b) i) b) ii)
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