Question
VAT = 14% Ann buys a computer game for R650 excluding VAT. How much VAT will she pay? How much will she pay in total?
VAT = 14%
Ann buys a computer game for R650 excluding VAT. How much VAT will she pay? How much will she pay in total?Lebo buys blank CDs in bulk. He repackages them and sells them individually. He pays R40.00 cash (including vat) for 50 CDs. He receives 5% cash discounts for how much should he sell each CD to make a 40% discount.
Musa buys a new radio for R125 excluding VAT. He pays cash and gets a 5% discount. How lich will he pay intotal including VAT?
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Accounting Information Systems The Processes and Controls
Authors: Leslie Turner, Andrea Weickgenannt
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