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On 1 February 2022, the VAT input account had a debit opening balance of R15 268 and the VAT output account had a credit opening
On 1 February 2022, the VAT input account had a debit opening balance of R15 268 and the VAT output account had a credit opening balance of R14 354.
Calculate the closing balance of the VAT input account as at 28 February 2022
The following VAT balances were extracted from the subsidiary journals of Africa Traders as at 28Step by Step Solution
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