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Illustration 2 Rearview motel, a VAT registered tax payer had the following transactions in the month just ended Kshs Sales. 200,000 Purchases ............ 160,000 Required

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Illustration 2 Rearview motel, a VAT registered tax payer had the following transactions in the month just ended Kshs Sales. 200,000 Purchases ............ 160,000 Required Assuming the above figures are VAT exclusive and the VAT rate is 16%, show the VAT position for the month just ended

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