Online Foodies operates an online food delivery business. They sell processed and fresh foods to Australian and
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Question:
Online Foodies operates an online food delivery business. They sell processed and fresh foods to Australian and Overseas customers. Online Foodies report for GST quarterly on a non-cash basis. GST is included where applicable. Their income for the quarter is as follows:
Domestic fresh fruit sales | $4300 |
Domestic processed food sales | $10500 |
Exports of processed food products | $1600 |
Interest charged on overdue customer accounts | $900 |
Total receipts |
Answer for part 1
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Required: complete the GST Calculation worksheet for the quarter.
Related Book For
Intermediate Accounting
ISBN: 978-0071339476
Volume 1, 6th Edition
Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I
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