Martin operates a second hand store in Launceston and he wants your help to work out his net GST amount for the September quarter. During the September quarter Martin purchases 20 second hand items for a price of $220 each from various persons (none of whom are registered for GST). He also purchased a second hand item for $440 from a person who also was not registered for GST. During the September quarter martin sold second hand items for a total of $11,000. What is Martin's net GST amount payable to the ATO for the September quarter?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q15: Which of the following
Q16: If ABC Wholesalers Pty Ltd sells items
Q17: What is the GST on a taxable
Q18: Which is
Q19: Which one of the following is
Q20: Which one of the following supplies of
Q21: Dennis is a dentist who is registered
Q22: Frank is a painter and registered for
Q23: BG Plumbers accounts for GST on a
Q24: Abel Lawyers is a partnership that is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents