Match the items below by choosing the appropriate code letter .
-A report used to provide GST information to the Australian Taxation Office.
A) Net sales
B) Cash discount
C) Credit terms
D) Periodic inventory system
E) Gross profit ratio
F) Contra revenue
G) Freight-out
H) Gross profit
I) Sales invoice
J) Business activity statement
K) Input tax credit
L) Purchase discount

Question

Quizplus · Accepted Answer

The Business Activity Statement (BAS) is the report submitted to the Australian Taxation Office (ATO) to report a business's Goods and Services Tax (GST) information, along with other tax obligations.

Match the Items Below by Choosing the Appropriate Code Letter