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CLO 5 The following are the transactions of Denmark Limited for the month of October 2021 Assume all goods and services are standard rated except

CLO 5

  1. The following are the transactions of Denmark Limited for the month of October 2021

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Assume all goods and services are standard rated except instructed otherwise. All amounts are before the addition of GCT except for Cable and Wireless and Accounting Fees which are shown gross. Required; (i) Draw up the GCT Account showing the net GCT position for the period

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