Identify the codes that are allocated to each of

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16.Identify the codes that are allocated to each of these transactions and whether or not it is a taxable supply.
17.A business purchases 10 digital televisions for use in its offices. When the televisions arrive at the workplace the owner of the business decides that one will be taken home. The total cost of the acquisition was $26,500 (GST inclusive). Describe how you would process this to comply with taxation reporting requirements. How much input tax credit could be claimed and what would be the BAS code for the acquisition and why would you code it there?
FNSBKG404 Carry out business activity and instalment activity statement tasks Authorised by Campus Manager Issue Date 04 May 2015 Doc Name; FNSBKG404 Assessment Task 1 Version 1 Page 18 of 29 Activity 3 1.Assuming no other personal deductions, complete the Payroll Activity Report for Peter Smith (fortnightly gross pay $6,530), Jane Brown (fortnightly gross pay $7,200) and Brian Jones (fortnightly gross pay $5,500) using the current tax rates provided by ATO (). Payroll Activity ReportFortnight ending 15/07/2015EmployeeWagesPAYGNet PayPeter Smith $6,530$ 2,072 $ 4,458 Jane Brown $7,200$ 2,356 $ 4,844 Brian Jones $5,500$ 1,672 $ 3,828 Total $19,230 $6,100 $ 13,130 2.What are the general ledger transactions relating to the payroll activity report? Opening
3.What amount would be entered at W1 in BAS?
4.What would be entered at W2 in BAS?
5.What would be entered at W5 in BAS?
6.A supplier carrying on an enterprise invoices the business for $200. The invoice does not contain an ABN. Upon request by the business to the supplier for an ABN, the supplier after 28 days fails to provide it. Explain what steps the business should take to process the payment of the invoice.
Authorised by Campus Manager Issue Date 04 May 2015 Doc Name; FNSBKG404 Assessment Task 1 Version 1 Page 19 of 29

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