Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

pinte Panty Maker Lid Party Macar owned a small Opel single cab babe that was used by the dever to collect and make inal del

image text in transcribed
pinte Panty Maker Lid Party Macar owned a small Opel single cab babe that was used by the dever to collect and make inal del Management hower decided the Toyota double catabolit can be used to deliver bigger fome the small single cab was sold for R30 000 to Herman el Motors in Roodepoort Herman Mel Motors arred at vendor Which of the following statements are correct with regards to the VAT on the sale transaction 1. is a cash transaction there will be no VAT consequences 2.Input VAT could not be claimed when the single cab was purchased In VAT could become when the single cab was purchased 34 The sing tabb motorcar as defined in Makers to youtut VAT on sale of the single cake St. Party Meet thould not levy output VAT the sale of the single cab 3. Cameras de pinte Panty Maker Lid Party Macar owned a small Opel single cab babe that was used by the dever to collect and make inal del Management hower decided the Toyota double catabolit can be used to deliver bigger fome the small single cab was sold for R30 000 to Herman el Motors in Roodepoort Herman Mel Motors arred at vendor Which of the following statements are correct with regards to the VAT on the sale transaction 1. is a cash transaction there will be no VAT consequences 2.Input VAT could not be claimed when the single cab was purchased In VAT could become when the single cab was purchased 34 The sing tabb motorcar as defined in Makers to youtut VAT on sale of the single cake St. Party Meet thould not levy output VAT the sale of the single cab 3. Cameras de

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Managerial Accounting

Authors: Peter C. Brewer, Ray H. Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan

5th Canadian edition

77429494, 1259105709, 1260480798, 978-1259105708

Students also viewed these Accounting questions