Question: Can you please help me allocate the given GST calculation worksheet to the GST amounts you owe the Tax Office from sales and the GST

Can you please help me allocate the given GST calculation worksheet to the GST amounts you owe the Tax Office from sales and the GST amounts the Tax Office owes you from Purchases. Thank you

Fun Time Fitness operates a gym in Sydney. The gym offers its patrons the options of a regular monthly membership fee or an access pass issued on a 'pay per use' (PPU) basis. It also buys drinks and health supplements from a supplier and sells these items to clients of the gym. It accounts and reports for GST quarterly, on a Cash basis. GST in included where applicable.

REQUIRED: Use the following information to complete the GST calculation worksheet for the June quarter.

Membership Income

$20200

PPU Income

$4800

Drinks Sales

$3350

Supplements Sales

$6100

Advertising paid

$340

Bank Fees

$32

Drinks from supplier

$1340

Supplements from Supplier

$2950

Repairs

$700

Stationery

$5100

Telephone bill

$2100

GST amounts you owe the Tax Office from sales

G1 Total sales (including any GST) $

Answer for part 1

G2

Export sales

$

Answer for part 2

G3

Other GST-free sales

$

Answer for part 3

G4

Input taxed sales

$

Answer for part 4

G5

G2 + G3 + G4

G6

Total sales subject to GST(G1 minus G5)

G7

Adjustments (if applicable)

$

Answer for part 5

G8

Total sales subject to GST after adjustments (G6 +G7)

G9

GST on sales (G8 divided by eleven)

GST amounts the Tax Office owes you from purchases

G10

Capital purchases (including any GST)

$

Answer for part 6

G11

Non-capital purchases (including any GST)

$

Answer for part 7

G12

G10 + G11

G13

Purchases for making input taxed sales

$

Answer for part 8

G14

Purchases without GST in the price

$

Answer for part 9

G15

Estimated purchases for private use or not income tax deductible

$

Answer for part 10

G16

G13 + G14 + G15

G17

Total purchases subject to GST (G12 minus G16)

G18

Adjustments (if applicable)

$

Answer for part 11

G19

Total purchases subject to GST after adjustments (G17 + G18)

G20

GST on purchases (G19 divided by eleven)

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