If the price of an item displayed as $44 (GST inclusive) then what is the GST component? Select one: $44 divided by 1/11 None of these 10% of $44 11% of $44 $44 multiply by 1/11

Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter9: Accounting For Purchases And Cash Payments
Section9.4: Accounting For Cash Payments
Problem 4AYU
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If the price of an item displayed as $44 (GST inclusive) then what is the GST component?

Select one:
$44 divided by 1/11
None of these
10% of $44
11% of $44
$44 multiply by 1/11

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