Two sisters recently opened a truck repair garage in Alberta….

Question Answered step-by-step Two sisters recently opened a truck repair garage in Alberta…. Two sisters recently opened a truck repair garage in Alberta. Alberta does not participate in the HST program and does not have a provincial sales tax. They have asked you to calculate the GST payable or refund for the first reporting period. Given the following information: Sales $ 80,000, Equipment purchased 100,000, Supplies purchased 50,000, Wages paid 20,000 and Rent paid 6,400. What should the garages GST payable or refund be (all amounts are before GST; sales are fully taxable, and expenditures are used for the provision of fully taxable supplies)? Law Social Science Tax law ACC 400 Share QuestionEmailCopy link Comments (0)