Problem on commercial activities and registered for gst


Problem: Zoe carries on commercial activities and registered for GST on car basis. Made supplies for which she received $71,500 in cash, acquired taxable supplies to use in carrying on commercial activities and paid $36,300 for those acquisitions (tax invoices received). Acquired supplies it use in carrying on commercial activities from an entity not register and paid $2,200 for those acquisitions. Assuming Zoe only rents premises what is net GST payable or refundable

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Accounting Basics: Problem on commercial activities and registered for gst
Reference No:- TGS03426222

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