19. Malimina Mills Pty Ltd is a registered VAT vendor specialising in selling maize meal and related products to the general public. Malimina Mills Pty Ltd makes use of the perpetual inventory system to account for inventory. During the month of May 2019, the following transactions took place. Assume a standard VAT rate of 15% is used. On 01 May 2019, the company purchased a delivery vehicle costing NS150,000 including VAT from Masima Transporters on credit On 05 May 2019, sold maize meal to PienPay for N$450,000 including VAT on credit On 06 May 2019, paid N$50,000 of the amount owed to Masima Transporters. On 10 May 2019, purchased Corn from Corny Shop for NS300,000 excluding VAT and paid by Electronic Fund Transfers (EFT). On 15 May 2019, PicnPay returned maize meal to the value of N$50,000 including VAT. Using the above information, calculate the amount of VAT due to/from the Receiver for the period. (6) Select one: Ca. 7,174 VAT Payable to Receiver b. 12,391 VAT Receivable from Receiver Cc.5,869 VAT Receivable from Receiver Cd. 15,000 VAT Payable to Receiver 20. Which of the following books of original entry does not carry invoices as a source document for transactions? Select one: Ca. Sales Journal b. Purchases Journal c. Payments and Receipts journal Cd. General Journal 21. Malimina Mills Pty Ltd is a registered VAT vendor specialising in selling maize meal and related products. Malimina Mills Pty Ltd makes use of the perpetual inventory system to account for inventory. On 01 May 2019, the company purchased a delivery vehicle costing N$150,000 (including VAT) from Masima Transporters on credit. Using the above information, at what amount should the vehicle be recognised on May 19 2019? (2) Select one: Ca. 150,000 C b. 127,500 Cc. 130,435 169,565 d