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how many type of vat
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Answer / rajesh
Four type of vat
12.50 % vat
4 % vat
5 % Vat
13.25 Vat
| Is This Answer Correct ? | 12 Yes | 5 No |
Answer / mohammed sharif
Three types of vat
1)1% vat
2)12.50% vat
3)4% vat
| Is This Answer Correct ? | 4 Yes | 4 No |
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Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
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