Question
Purchases (Periodic registration). (10 pts.) Read the following Information: On April 24. Purchased merchandise for 289,100 including 13% VAT, the purchase was made by obtaining
Purchases (Periodic registration). (10 pts.)
Read the following Information: On April 24. Purchased merchandise for 289,100 including 13% VAT, the purchase was made by obtaining a credit, with the following payment conditions of 2/10, n/30. On April 27th. Merchandise from the purchase made on April 24, for 12,400, plus 13% VAT, was returned because it was damaged; received a credit note for the refund amount. The day April 29. He paid by bank transfer the outstanding balance of the purchase he made on April 24, and took advantage of the discount for prompt payment.
Based on the above: The amount of the transfer made to pay the invoice is _____________ The balance of the Purchases account is ___________ The balance of Returns on purchases is ___________ The balance of the Prompt Payment Discounts is __________ The VAT value (input) is ___________
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