Barbarino Ltd undertakes consulting services for large food-processing enterprises. The company is registered for GST, and accounts

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Barbarino Ltd undertakes consulting services for large food-processing enterprises. The company is registered for GST, and accounts for GST on the cash basis. At the end of March 2016, the GST payable account had a balance of $400 and the GST recoverable account a balance of $144.

During April 2016, Barbarino Ltd recorded these transactions:

6 April 8 April 15 April Received from FCD Ltd the sum of $4000+ $400 for GST. Received from VKL Ltd the sum

Prepare general journal entries to account for the month of April.

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Related Book For  answer-question

Financial Accounting An Integrated Approach

ISBN: 9780170349680

6th Edition

Authors: Ken Trotman, Michael Gibbins, Elizabeth Carson

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