The following transactions relate to Mapato Limited, a VAT registered company, for the month of June 2015

1 June:Brought forward merchandise purchased in the previous month for Sh. 200,000.

3 JunePurchased vatable merchandise at Sh. 80,000

4 June:Sold zero-rated merchandise for Sh. 60,000

6 June:Purchased merchandise from a trader at Sh. 100,000.This trader was not registered for VAT purposes.

7 June:Merchandise worth Sh. 16,000 was returned to supplier.

9 June:Merchandise sold on 4 June for Sh. 25,000 was returned by customers.

12 June:Sold merchandise for Sh. 360,000.

19 June:A customer who had purchased merchandise on 12 June for 18,000 was declared bankrupt before paying the amount due from him.

25 June:Purchases merchandise as follows:

From suppliers registered for VAT purposes -Sh. 80,000

From suppliers not registered for VAT purposes -Sh. 40,000

27 June:Sold merchandise as follows:

To customers registered for VAT purposes - Sh. 160,000

To customers not registered for VAT purposes - Sh. 122,000

Required:

VAT account for the month ended 30 June 2015.(25 marks)

(Where applicable, transactions are inclusive of VAT at the standard rate).