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you are asked by project manager to calculate ( VAT 1 5 % ) payable based on the following information for the last 2 months:

you are asked by project manager to calculate (VAT 15%) payable based on the following information for the last 2 months: Purchase of stock (including VAT)400000-00, purchase of a delivery vehicle (VAT included)200000-00, Salaries and wages paid 100000-00, Sales( including VAT)400000-00, Interest received 50000-00, Sale of fixed assets 100000-00, Hire out of a generator 100000-00

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