Question: The Business Activity Statement ( BAS ) is reported on a monthly basis and the business is on the Cash basis. You are asked to

The Business Activity Statement (BAS) is reported on a monthly basis and the business is on the Cash
basis. You are asked to prepare BAS for the month of February, the business will be able to claim the
GST paid on unpaid bills on this BAS.
True
False
 The Business Activity Statement (BAS) is reported on a monthly basis

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