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(vii) Joy Ltd wrote off a Bad debt of 4,000 (excluding VAT), which was sold during the quarter ended 31 March 2019. Also, Joy Ltd

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(vii) Joy Ltd wrote off a Bad debt of 4,000 (excluding VAT), which was sold during the quarter ended 31 March 2019. Also, Joy Ltd wrote off another debt of 5,200 (including VAT), which was sold during the quarter ended 31/12 2019. Note: If not mentioned specifically, all figures are VAT exclusive. You are required to a) Prepare VAT Account for the quarter ended 31 March 2020 and specify the due date for the payment of VAT. Wherever required give special note. (12 Marks) b) Carol started her own business on 10 April 2019. She sells standard rated, zero rated and exempt goods. She purchased a packing machine for the purpose of business, but it is not suitable and useful for the purpose, so she is planning to sell the Shajue in the month of June 2019. She is not aware when she must notify HMRC and when the registration is effective under VAT, how to give effect for the sale of Plant and machinery. As a tax adviser, you are required to advise her the various rules of Registration in details. (vii) Joy Ltd wrote off a Bad debt of 4,000 (excluding VAT), which was sold during the quarter ended 31 March 2019. Also, Joy Ltd wrote off another debt of 5,200 (including VAT), which was sold during the quarter ended 31/12 2019. Note: If not mentioned specifically, all figures are VAT exclusive. You

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