Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 04 Feb 2018 My Price 5.00

sales tax registered trader

Gareth, a sales tax registered trader purchased a computer for use in his business. The invoice for the computershowed the following costs related to the purchase:$Computer 890Additional memory 95Delivery 10Installation 20Maintenance (1 year) 25 ––––––1,040Sales tax (17·5%) 182 ––––––Total 1,222––––––How much should Gareth capitalise as a non-current asset in relation to the purchase?A $1,193B $1,040C $1,222D $1,01529 The following bank reconciliation statement has been prepared by a trainee accountant:$Overdraft per bank statement 3,860Less: Unpresented cheques 9,160–––––––5,300Add: Outstanding lodgements 16,690–––––––Cash at bank 21,990–––––––What should be the correct balance per the cash book?A $21,990 balance at bank as statedB $3,670 balance at bankC $11,390 balance at bankD $3,670 overdrawn

Answers

Maurice Tutor
(5)
Status NEW Posted 04 Feb 2018 06:02 PM My Price 5.00

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