Ezios Earthenware Ltd lodges quarterly business activity statements with the taxation authority. Required (a) Record the journal

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Ezios Earthenware Ltd lodges quarterly business activity statements with the taxation authority.


Required

(a) Record the journal entries during the March 2016 quarter for sales $6600 (including GST) and purchases $1210 (including GST). 

(b) What is the journal entry to discharge the GST liability?  

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Financial Accounting Reporting Analysis And Decision Making

ISBN: 9780730313748

5th Edition

Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong

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