Chris Curetons books show the following information for January 2005: Cash sales were 413.50 including VAT at

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Chris Cureton’s books show the following information for January 2005:

Cash sales were £413.50 including VAT at 17.5%.

VAT on purchases for the month was £1,898.66.

Equipment purchased on 15 January 2005 included reclaimable VAT of £450.

Calculate the amount of VAT due for the month of January 2005.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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Question Posted: Mar 08, 2024 07:01 AM

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Chris Curetons books show the following information for January 2005: Cash sales were 413.50 including VAT at

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Frank Woods Business Accounting Basics

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