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John buys the product in the store and pays 40 euros for it. This amount includes both the value of the goods and VAT. Assume
John buys the product in the store and pays 40 euros for it. This amount includes both the value of the goods and VAT. Assume a VAT of 21%.
How much VAT did John pay?
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- Describe the principle of vertical equity.
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
