Crazy Traders (Pty) Ltd have told you that they have the following figures in certain blocks on
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Question:
Crazy Traders (Pty) Ltd have told you that they have the following figures in certain blocks on their most recent VAT return:
1.1 What is their total output tax for the period?
Select one:
a. R9 876.58
b. R11 826.75
c. R25 756.58
d. R 10 477.32
1.2 What is their total input tax for the period?
Select one:
a. R1 438.32
b. R885.68
c. R7 212
d. R11 712
1.3 What is the overall VAT position for this VAT?
Select one:
a. Due to pay R8 438.26 to SARS
b. Due to receiving R114.75 from SARS
c. Due to paying R1 835.42 to SARS
d. Due to receiving R1 234.68 from SARS
e. Due to receiving R8 438.26 from SARS
f. Due to paying R114.75 to SARS
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