How much is the input vat

Assignment Help Financial Accounting
Reference no: EM132553981

The following information relates to Tameka Trading, a VAT registered vendor for the period of February 2020. Sales (VAT incl.) N$20,000; Purchases (VAT excl.) N$10,000; Sales return (VAT incl.) N$1,000. All their supplies are standard rated.

Question 1: How much is the input VAT?

Reference no: EM132553981

Questions Cloud

What are four key internal controls for acquisition cycle. : Describe factors the auditor should consider in developing an expectation for depreciation while performing substantive analytical procedure for depreciation
How it interprets the firm financial strength : Review Ford Motor Company's Form 10-K for 2012. Explain the purpose of a company's 10-K and how it interprets the firm's financial strength.
How do you manage human resources : Now let us take a look at what it takes to put it all together. How do you manage human resources in a global technological environment?
Public health issue in the united states : Explain why it is a public health issue and what is currently being done to address it at the local, state, and federal levels.
How much is the input vat : How much is the input VAT? Tameka Trading, a VAT registered vendor for the period of February 2020. Sales (VAT incl.) N$20,000
What issues do you think will become important to hrm : Moving forward with the knowledge you have gained from this course, as well as any work experience, what issues do you think will become increasingly important.
Impacted your knowledge in operations management : Explain how this course has impacted your knowledge in operations management, and then determine which areas significantly affected your understanding
Solve unreserved fund balance of finfine city at june : Appropriations were ETB 1,115,000, while expenditures and outstanding, Calculate the unreserved fund balance of Finfine City at June 30.
Topic - SharePoint-The CEO Challenge : Assignment - Write 1000 words about the given Topic:- SharePoint - The CEO's Challenge

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd