The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:
K.E.	accounting and GST terminology used when preparing and submitting BAS and IAS for a range of business types A New Tax System (Goods and Services Tax) Act

Question 1: You are paying GST monthly and you are required to provide the following details each month:

Total sales, export sales, other GST free sales, capital purchases, noncapital purchases, GST on sales, GST on purchases,

Provide the correct codes for these transactions: Activity BAS code

• Total sales
• Export sales
• Other GST free sales
• Capital purchases
• Non-capital purchases
• GST on sales
• GST on purchases,
• GST free exports