Time let Freddy runs a business selling clocks. He buys 894 clocks for $44 each (including GST) and sells for $77 each (inc GST). He is registered for GST credits. How much should he remit to the ATO once all the clocks are sold? Answer:
Time let Freddy runs a business selling clocks. He buys 894 clocks for $44 each (including GST) and sells for $77 each (inc GST). He is registered for GST credits. How much should he remit to the ATO once all the clocks are sold? Answer:
Chapter1: Financial Statements And Business Decisions
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Freddy runs a business selling clocks. He buys 894 clocks for $44 each (including GST) and sells for $77 each (inc GST).
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He is registered for GST credits.
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How much should he remit to the ATO once all the clocks are sold?
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ACC301 TAX LAW T1 2022
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