QUESTION 2 Reliable Ltd provides you with information regarding sales purchases and expenses for rended 31 December 2017 Standard rated purchases E110.000 Standard rated sales 250,000 (Standard rated sale include goods sold to a domestic customer for E5,000, Invoice stated that customer gets discount the ice is paid with 15 days, the invoice was actually paid on 12th day after the issuance) Zero rated sales Sales to a European customer) E8,000 Purchase of motor car partly used for business purpose Standard rated expenses (including 300 48,000 for entertaining UK customers) 12.000 Required: Assess the VAT liability of Reliable Ltd for the quarter ended 31 December 2019. Arial . . .E.T TT TT Paragraph no E = 3 (12pt) T'T Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro QUESTION 2 Reliable Ltd provides you with information regarding sales purchases and expenses for rended 31 December 2017 Standard rated purchases E110.000 Standard rated sales 250,000 (Standard rated sale include goods sold to a domestic customer for E5,000, Invoice stated that customer gets discount the ice is paid with 15 days, the invoice was actually paid on 12th day after the issuance) Zero rated sales Sales to a European customer) E8,000 Purchase of motor car partly used for business purpose Standard rated expenses (including 300 48,000 for entertaining UK customers) 12.000 Required: Assess the VAT liability of Reliable Ltd for the quarter ended 31 December 2019. Arial . . .E.T TT TT Paragraph no E = 3 (12pt) T'T Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro