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The owner will purchase a new vehicle in the September quarter for $27,500. In December they will purchase photocopiers for $5,500 and a computer system

The owner will purchase a new vehicle in the September quarter for $27,500. In December they will purchase photocopiers for $5,500 and a computer system for $5,500 with an upgrade in March for a further $2,750. Each item is inclusive of GST. Prepare the Capital Expense Budget for the financial year.

Voyager Co.

Capital Expenditure Budget

30 June

September

December

March

June

Total GST

Car

Photocopier

Computer

Total (net GST)

GST

(GST = 10%)

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