If a VAT-registered trader formats his Sales Day Book to record VAT amounts in a separate column,

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If a VAT-registered trader formats his Sales Day Book to record VAT amounts in a separate column, the total of that column should be periodically posted to:

(a) Debit of VAT account

(b) Credit of VAT account

(d) Credit of Total sales ledger control account

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 31, 2023 02:26 AM

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If a VAT-registered trader formats his Sales Day Book to record VAT amounts in a separate column,

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Financial Accounting An Introduction

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