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Short question 5 A company, which is registered for Value Added Tax (VAT), is purchasing a product for 1,200 on credit. The purchase price includes
Short question 5 A company, which is registered for Value Added Tax (VAT), is purchasing a product for 1,200 on credit. The purchase price includes VAT at 20%. Required What is the appropriate journal entry (debit and credit entries) for recording this transaction? (2 marks)
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Accounting 101 For Business Coaches How To Find Your High End Coaching Fees Before You Start Working With Your New High End Coaching Client
Authors: Karl Bryan, Peter Lawson
1st Edition
1777684706, 978-1777684709
