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BZ102-Transaction Analysis And Posting To The General Ledger  

Pages : 4 | Type : Essay

Answer: 1.GST calculations  Transaction GST  - yes or no? If GST, how much? Which source document/s would provide evidence of the transaction? Paid for overseas flights $2,200 to attend a conference No    (Hasan and Sinning, 2017) Purchased goods on credit from W Willis $770 Yes 77  (Ramli et al, 2015) Received and banked daily cash sales $1...

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Written By : Mark     Posted On : May 16, 2020     Download : 0

BZ102 Accounting Principles01  

Pages : 4 | Type : Essay

Answer: Solution – 1 Assets Liabilities Owner’s Equity Revenue Expenses Cash at Bank   Loan from bank– repayable in 5 Years Drawings by owner Sales of inventory Electricity Machinery Accounts Payable   Commission Received Rent paid on factory Shelving and storage racks       Packaging ...

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Written By : Mark     Posted On : Jun 08, 2020     Download : 0

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BZ102 Accounting Principles21  

Pages : 4 | Type : Essay

Answer: Assume that the following business is registered for GST. For each of the following transactions, indicate in the table below Whether or not GST is applicable, and if so, how much is payable or able to be claimed as an input credit? Indicate which source document/s would provide evidence of the transaction? Transaction GST  - yes or no? If GST, how much? Which source document/s would provide evidence...

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Written By : Mark     Posted On : Jul 22, 2020     Download : 0

BZ102 Accounting Principles10  

Pages : 4 | Type : Essay

Answer: Question 1 Assume that the following business is registered for GST. For each of the following transactions, indicate in the table below Whether or not GST is applicable, and if so, how much is payable or able to be claimed as an input credit? Indicate which source document/s would provide evidence of the transaction? Transaction GST  - yes or no? If GST, how much? Which source document/s would prov...

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Written By : Mark     Posted On : Aug 06, 2020     Download : 0

BZ102 Accounting Principles10  

Pages : 4 | Type : Essay

Answer: Question 1 Assume that the following business is registered for GST. For each of the following transactions, indicate in the table below Whether or not GST is applicable, and if so, how much is payable or able to be claimed as an input credit? Indicate which source document/s would provide evidence of the transaction? Transaction GST  - yes or no? If GST, how much? Which source document/s would prov...

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Written By : Mark     Posted On : Aug 06, 2020     Download : 0

BZ102 Accounting Principles10  

Pages : 4 | Type : Essay

Answer: Question 1 Assume that the following business is registered for GST. For each of the following transactions, indicate in the table below Whether or not GST is applicable, and if so, how much is payable or able to be claimed as an input credit? Indicate which source document/s would provide evidence of the transaction? Transaction GST  - yes or no? If GST, how much? Which source document/s would prov...

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Written By : Mark     Posted On : Aug 06, 2020     Download : 0

BZ102 Accounting Principles  

Pages : 3 | Type : Essay

Answer: Gross Profit Ratio =        Gross Profit/Net Revenue*100 Net Profit Ratio    =         Net Profit/Net Revenue *100 Gross Profit is defined as the residual value which the company earns after deducting all the direct cost associated with the manufacturing and selling its product. Gross Profit Ratio indicates the financial health of the ...

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Written By : Mark     Posted On : Nov 18, 2020     Download : 0

BZ102 Accounting Principles  

Referencing Styles : Harvard | Pages : 2 | Type : Essay

Questions: Q 1 Assume that the following business is registered for GST. For each of the following transactions, indicate whether or not GST would be applicable, and if so, how much. Transaction GST not applicable GST Payable GST Input Credit Example: Purchased stationery  $77     $7 Example: Bought milk and bread $44 GST-free     E...

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Written By : Matthew Brown     Posted On : Mar 22, 2021     Download : 0

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