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ASSIGNMENT 01 - SEMESTER 2 (continued) FAC 1503/101 Questions (continued) dited 2 Date 14 Assets R - 110 - 1160 - 1050 28 Equity R

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ASSIGNMENT 01 - SEMESTER 2 (continued) FAC 1503/101 Questions (continued) dited 2 Date 14 Assets R - 110 - 1160 - 1050 28 Equity R 110 - 1160 -1050 Liabilities R 0 0 red 0 3 Date Assets R Liabilities R 11 22 nok + 110 - 1 160 -1050 Equity R + 110 0 - 110 0 - 1 160 - 1160 the Dato + 11 Assets R 0 0 - 1 160 - 1050 Equity R + 110 - 110 - 1 160 - 1 160 Liabilities R 0 0 22 0 0 5 Date + 11 Assets R + 110 +1 160 + 1270 Equity R - 110 0 22 Liabilities R 0 - 1160 - 1 160 - 110 6 Anderson Attorneys issued a business cheque to the amount of R10 258 (excluding VAT) to ABN Learning Centre, a non-profit organisation, for educational purposes. Anderson Attomeys is registered as a VAT vendor. VAT is levied at 15% Which option represents the input VAT amount that Anderson Attomeys can claim back from the South African Revenue Service (SARS)? 1 RO 2 R1 338 3. R8 719 4 R1 539 5. R8 920 55

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