FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help me with this homework The following VAT balances were extracted from the subsidiary journals of Africa Traders as at 28 Februarv 2022. On

image text in transcribed

please help me with this homework

The following VAT balances were extracted from the subsidiary journals of Africa Traders as at 28 Februarv 2022. On 1 February 2022 , the VAT input account had a debit opening balance of R10 920 and the VAT output account had a credit opening balance of R15 960. Calculate the closing balance of the VAT input account as at 28 February 2022

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Financial Accounting IFRS Principles

Financial Accounting IFRS Principles

Authors: Ilse Lubbe, Goolam Modack, Alex Watson

4th Edition

0199049238, 9780199049233

More Books

Students also viewed these Accounting questions

Question

★★★★★
Suggest three different syntheses of 2-methyl-2-hexanol. Each route should utilize one of the following starting materials. Then use any number of steps and any other reagents needed. (a) (b) (c) H

Answered: 1 week ago

Question

★★★★★
2. Spend your time on the important, difficult, and unfamiliar material that will be required for the test or assignment. Resist the temptation to go over what you already know well, even if that...

Answered: 1 week ago

Question

★★★★★
Quality improvement, relevant costs, relevant revenues. SpeedPrint manufactures and sells 18,000 high-technology printing presses each year. The variable and fixed costs of rework and repair are as...

Answered: 1 week ago

Question

★★★★★
hand written with steps please, not in table format on computer. Last year Kant Zoo had gale receipts of E20m with merchandises sales of Erom. In order to boost Kent Zoo's finances, its management...

Answered: 1 week ago

Question

★★★★★
Rao contruction recently reported 17,500 in sales, 8,250 of operating costs other than depreciation and $2,000 of depreciation. It has $9000 of bonds outstanding that carry an interest rate of 8%. It...

Answered: 1 week ago

Question

★★★★★
( 1 5 p ) A pizza restaurant is planning for a 7 - hour night delivery service. At night it gets requests for pizza deliveries every 3 0 minutes, and it estimates that on average a delivery can take...

Answered: 1 week ago

Question

★★★★★
Compose an essay describing the pros/cons of three well designed Linux live CDs for digital forensics. Provide at least one peer-reviewed journal article.

Answered: 1 week ago

Question

★★★★★
Attached you will find a case study. Using the knowledge, you gained by working through the Competency 1 material you will read the case study and write an essay whose body is from three to five...

Answered: 1 week ago

Question

★★★★★
Give some ways to enhance manufacturing process of tony's toy trucks. Tony's Toy Trucks Order and Production Process Process Key Decision Process System Start/End Corporate ERP System Submit Purchase...

Answered: 1 week ago

Question

★★★★★
Overview In this discussion, we will consider the implications of the COVID-19 pandemic on the global economy and global trade now and in the future. Although the world has mostly reopened, the...

Answered: 1 week ago

Question

★★★★★
How we can improve our listening skills?

Answered: 1 week ago

Question

★★★★★
How do artifacts affect interaction between members of the team?

Answered: 1 week ago

Question

★★★★★
If you were the sixth member of this team, what kinds of communication might you enact to help relieve tension in the group?

Answered: 1 week ago

Previous Question Next Question