Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sunrise Trading Co., Ltd, is a registered wholesale company operating in Thailand on online commercial platform. During the June 2022 accounting period, the company experienced

image text in transcribed
image text in transcribed
Sunrise Trading Co., Ltd, is a registered wholesale company operating in Thailand on online commercial platform. During the June 2022 accounting period, the company experienced a busy season and sold various goods, resulting in total sales of 14,567,000 baht. The breakdown of the company's earnings and expenses is as follows: 1. What is total Output VAT of Sunrise Trading Co., Ltd. in June 2022 (please, show the calculation in systematic, step-by-step manner) 2. What is total Input VAT of Sunrise Trading Co., Ltd. in June 2022 (please, show the calculation in a systematic, step-by-step manner) 3. What is VAT to be paid of Sunrise Trading Co., Ltd. in June 2022 (please, show the calculation in a systematic, step-by-step manner) Q:2

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

Operational Auditing

Authors: David G Komatz

1st Edition

B09K24NM14, 979-8751454357

More Books

Students also viewed these Accounting questions