Set out the journal entry to account for goods costing 235,000 (inclusive of VAT at 17.5%) removed

Question:

Set out the journal entry to account for goods costing £235,000 (inclusive of VAT at 17.5%) removed by the proprietor for own use.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

Question Posted: