Sideways Pty Ltd had the following transactions (including GST) for the month of January 2023: a)...

 

 

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Sideways Pty Ltd had the following transactions (including GST) for the month of January 2023: a) Sold goods on credit for $1,540 b) Sold goods on credit for $1,980 c) Purchased a new vehicle for $44,000. The amount was financed. d) Paid Insurance for 12 months of $26,400 e) Sold goods for cash $5,500 Calculate the Net GST position at the end of January Sideways Pty Ltd had the following transactions (including GST) for the month of January 2023: a) Sold goods on credit for $1,540 b) Sold goods on credit for $1,980 c) Purchased a new vehicle for $44,000. The amount was financed. d) Paid Insurance for 12 months of $26,400 e) Sold goods for cash $5,500 Calculate the Net GST position at the end of January