Question
You are paying GST monthly and you are required to provide the following details each month: Total sales, export sales, other GST free sales, capital
You are paying GST monthly and you are required to provide the following details each month: Total sales, export sales, other GST free sales, capital purchases, noncapital purchases, GST on sales, GST on purchases, a. Provide the correct codes for these transactions: a. Activity BAS code b. Total sales c. Export sales d. Other GST free sales e. Capital purchases f. Non-capital purchases g. GST on sales h. GST on purchases, b. What is included in total sales? c. Included in total sales are: All GST free sales, All input taxed sales, All taxable sales (including GST) d. List ten things that are not reported in total sales.
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