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Today is June 3 0 , SATCC s fiscal year - end, and the accountant is yet to enter several entries for the year -
Today is June SATCCs fiscal yearend, and the accountant is yet to enter several entries
for the yearend close. SATCC purchased new computer and office equipment to upgrade
their IT systems. The costs to purchase are as follows:
a On June sets of computers were purchased for a total of $
Computers $
Installation
Shipping
PST
GST
TOTAL $
b Office chairs purchased on June totaled $
Office chairs $
Shipping
PST
GST
TOTAL $
c Additionally, SATCC paid $ to XYZ Moving Co to dispose of the old
computers and equipment.
d As a public agency, SATCC is exempt from GST However, some vendors incorrectly
charge SATCC for GST When GST is charged by the vendor, SATCC recovers it from the
Canada Revenue Agency CRAToday is June SATCC's fiscal yearend, and the accountant is yet to enter several entries
for the yearend close. SATCC purchased new computer and office equipment to upgrade
their IT systems. The costs to purchase are as follows:
a On June sets of computers were purchased for a total of $
b Office chairs purchased on June totaled $
c Additionally, SATCC paid $ to XYZ Moving Co to dispose of the old
computers and equipment.
d As a public agency, SATCC is exempt from GST However, some vendors incorrectly
charge SATCC for GST When GST is charged by the vendor, SATCC recovers it from the
Canada Revenue Agency CRA
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