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T-1.8.1Cash Receipts BookDateDetailsInv/ Rec #Total ReceiptsTotal Sales(including any GST)Amount of GST collectedNon-capitalamount (excluding GST)Capital amount (ie asset sales excludingGST)GST-FreeSalesInput Taxed SalesOther ReceiptsBanking02/04Fruit Sales32,500.0032,500.0032,500.0032,500.0009/04Cake Sales22,000.0022,000.002000.0022,000.0015/04Fruit Sales4,200.004,200.004,200.004,200.0024/04Cake Sales109,450.00109,450.009,950.00109,450.0030/04Bank Interest2,190.002,190.002,190.00Total170,430.00170,430.0011,950.0036,700.002,190.00168,150.00Payroll and Business Activity Statement, Assessment 1, v1.2 Last Updated 16/09/2019Page 26
T-1.8.1Cash Payment’s BookDateDetailChq#Total PaymentsNon-CapitalCapitalGSTClaimMaterials / stockBank FeesWagesSuperCapital incl P&EPrivate Use %Drawing04/04Fruit Mkt10338,885.0031,108.0031,10820%7,777.0008/04Cake Supplies10414,095.0011,276.001,02510,25120%2,819.0012/04Tom.Wins1054,695.004,695.0018/04Cash Register10615,400.0015,4001,40014,000.0026/04Superannuation107422.0030/04Bank FeesDD300.00300.00300.00Total73,375.0042,684.0015,4002,42541,359300.004,695.00422.0014,000.0010,596.00Payroll and Business Activity Statement, Assessment 1, v1.2 Last Updated 16/09/2019Page 27
ABN XX XXX XXXXXXChoose No.1 optionSummaryOption 1 Quarterly GST report and payAmounts you owe the ATOTotal sales and income andother supplies includingcapital (GST inclusive)G1170,340GST on sales or GSTinstalment1A11,950Wine equalisation tax1C0Does this amount at G1include GST? Mark with XX Luxury car tax1E0ExportsG20PAYG tax withheld41,236Other GST-free suppliesG336,700PAYG income tax instalment5A2,322Capital acquisitions (GSTinclusive)G1015,400FBT instalment6A0All other acquisitions (GSTinclusive)G1142,684.00Fuel tax over claim7C01A + 4 + 5A + 6A + 7C8A15,508Amounts the ATO owesyouGST on purchases1B2,425Wine equalisation taxrefundable1D0Luxury car tax refundable1F0These boxes represent the various boxes on the BAS formCredit from PAYG incometax variation5B0Credit from FBT variation6B0Fuel tax credits7D01B + 5B + 6B + 7D8B2,425Payment or refund?Is 8A more than 8B? (indicate with an X)Yes, then write the result of 8A minus 8B at 9. This is theamount payable to the ATO.XNo, then write the result of 8B minus 8A at 9. This amount is refundable to you Business Activity Statement, Assessment 1, v1.1Page 28
(or offset against any other tax debt you have).Payment due913,083Task 07 (5 marks) - BAS using a classification worksheet Classification worksheet (Output)Account DetailsOutputsTaxableExportsGST-FreeInputTaxedExcludedCommercial rent received6,600 6,600 Residential rent received7,700 7,700Sales of goods andservices51,100 51,100 Interest received480 480 Dividends receivedExport sales18,000 18,000Sale of old photocopier660 660GST free sales46194619Total89,159 58,36018,0004,619 8,180 GST ClassificationWorksheet ReferenceG1G6G2G3G4Business Activity Statement, Assessment 1, v1.1Page 29