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2023 SECOND SEMESTER Question 6 [11] ACCOUNTING FOR MANAGERS Complete the following table by ticking the correct block for each consideration listed. Assume that a
2023 SECOND SEMESTER Question 6 [11] ACCOUNTING FOR MANAGERS Complete the following table by ticking the correct block for each consideration listed. Assume that a business acquires the following considerations. Where applicable, assume that all parties dealt with are registered VAT vendors and that the VAT Act has been adhered Consideration {:[" Standard- "],[" rated supply "]:} {:[" Zero-rated "],[" supply "]:} {:[" Exempt "],[" supply "]:} {:[" Non-allowable "],[" item "]:} e.g. Life Insurance X {:[" White bread purchased by "],[" a restaurant with the "],[" purpose of making burgers "],[" for resale "]:} {:[" Diesel for use in delivery "],[" vehicle "]:} Telephone bill {:[" Doctor's subscription to the "],[" Medical Council "]:} Stationery {
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