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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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