Question
VAT Deductible and VAT Received for Company C in a given tax period are as follows. Month VAT Deductible (TRY) VAT Received (TRY) VAT Tax
- VAT Deductible and VAT Received for Company C in a given tax period are as follows.
| Month | VAT Deductible (TRY) | VAT Received (TRY) | VAT Tax Return (TRY) |
| Marc 2023 | 450.000 | 600.000 | |
| April 2023 | 300.000 | 100.000 | |
| May 2023 | 850.000 | 750.000 |
Required: a) Fill VAT tax return number on the table for each month. (5 points)
b) Close the VAT Accounts and make the journal entries at the end of March, April, May 2023. (5 points)
c) If it is necessary make journal entries for VAT payment to the tax offices on April 26, May, 26 June (5 points)
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Study On The Auditing System Of Socialism With Chinese Characteristics
Authors: Jiayi Liu
1st Edition
111932470X, 978-1119324706
