Henning plc sells its products to Len Taylor, a private individual, for 5,000. The sale is subject

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Henning plc sells its products to Len Taylor, a private individual, for €5,000. The sale is subject to a VAT of 15%. Prepare the journal entry to record the sale by Henning.
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Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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