SafeRite Storage Company files GST returns monthly, and the GST rate is 5%. The figures in...
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SafeRite Storage Company files GST returns monthly, and the GST rate is 5%. The figures in the following table represent the store's GST taxable sales and purchases for which GST is paid for the indicated months of the year. As part of a year-to-date review, determine SafeRite Storage Company's net GST remittance and if they owe the government money or are entitled to a refund. The GST remittance is a(n) (1). (Round to the nearest cent as needed.). (1) O refund amount owed of $ Month January February March April May Purchases Sales $115.253 $299,275 179,147 257,987 330,224 210,703 792,924 387,986 220,211 554,040 SafeRite Storage Company files GST returns monthly, and the GST rate is 5%. The figures in the following table represent the store's GST taxable sales and purchases for which GST is paid for the indicated months of the year. As part of a year-to-date review, determine SafeRite Storage Company's net GST remittance and if they owe the government money or are entitled to a refund. The GST remittance is a(n) (1). (Round to the nearest cent as needed.). (1) O refund amount owed of $ Month January February March April May Purchases Sales $115.253 $299,275 179,147 257,987 330,224 210,703 792,924 387,986 220,211 554,040
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Quie Total Purchase 115253 179147330224 220 211 1398875 5... View the full answer
Related Book For
Basic Marketing Research
ISBN: 978-1133188544
8th edition
Authors: Tom J. Brown, Tracy A. Suter, Gilbert A. Churchill
Posted Date:
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