How would process to comply with taxation reporting

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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 (inc GST).

Problem a. Explain how you would process this to comply with taxation reporting requirements. Enter the invoice into the system as it is received from the vendor

Reference no: EM132788450

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