Question: I have previously put this question but it was not answered properly i dont want to waste my questions..i would like you to answer both

I have previously put this question but it was not answered properly i dont want to waste my questions..i would like you to answer both the questions mentioned..
I have previously put this question but it was not answered properly

Assume that the following business is registered for GST For each of the following transactions, indicate whether or not GST would be applicable, and if so, how much. Transaction T not ST Input Example: Purchased stationery $77 Example: Bought milk and bread $44 Example: Sold inventory $330 Complete the table for the following Received cash for sales $880 GST-free goods to customer on credit t $550 office furniture $3 300 amount owing to account payable S1 540 Interest revenue received into bank t $44 Paid for overseas fights for conference 1738 Question 2 Indicate which source document/s would provide evidence for each of the transactions below? Transaction Which source document's would provide evidence of the transaction? ample goods on credit from W Willis Tax invoice received from Willis xample Register RoW (or electronic fNe and banked daily cash sales register), and deposit Sold inventories on credit to B. Blake Paid mobile phone bill via Direct Debit from Bank t goods on credit from M Miles Interest deposited into bank account wages and salaries paid directly from account to various Pald off some of the amount owing to M. Miles some money owing from an account C. Hunter some faulty goods which had been bought credit from W. Willis

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!