Question: If Able Ltd, registered for GST, purchased inventory from a supplier for $9 000 (excluding GST).Returned $1 500 worth of inventory (excluding GST) two days
If Able Ltd, registered for GST, purchased inventory from a supplier for $9 000 (excluding GST).Returned $1 500 worth of inventory (excluding GST) two days later.Then paid the account within the discount period to take advantage of a 2% discount.
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