Instalment activity worksheet creation task sole trader John John is a sole trader, and he needs to
Question:
Instalment activity worksheet creation task sole trader
John John is a sole trader, and he needs to submit his quarterly instalment activity statement for the March quarter.
Salaries December | $1,200 |
Salaries January | $1,250 |
Salaries February | $1,250 |
Salaries March | $1,250 |
PAYG withheld December | $300 |
PAYG withheld January | $320 |
PAYG withheld February | $320 |
PAYG withheld March | $320 |
Using a spreadsheet or accounting software, you are required to put together an IAS worksheet for John John. You must use the above quarterly IAS figures provided. Please include any relevant taxation codes in this activity. Your worksheet must also contain a total payment amount to the ATO. You are required to use internet research to access the correct instalment activity codes and formatting for this task. Your worksheet must also contain a total payment amount which must be made to the ATO.
I am not sure how to format this.
Financial Accounting IFRS
ISBN: 978-1118285909
2nd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso