Goods and Services Tax The following is a list of transactions for your review. Assume the...
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Goods and Services Tax The following is a list of transactions for your review. Assume the respective suppliers are GST registered. i) A residential course, offered by a regional University, leading to a Diploma of Management. The course cost is $5,000 comprising $3,000 for course fees and $2,000 for accommodation and meals. ii) Goods worth $177,000 sold to a manufacturer in Japan. Required How much GST, if any, for each transaction above? 4 marks Goods and Services Tax The following is a list of transactions for your review. Assume the respective suppliers are GST registered. i) A residential course, offered by a regional University, leading to a Diploma of Management. The course cost is $5,000 comprising $3,000 for course fees and $2,000 for accommodation and meals. ii) Goods worth $177,000 sold to a manufacturer in Japan. Required How much GST, if any, for each transaction above? 4 marks
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Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
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