Question: Dashboard / My courses / FAC1502-23-S1 / Welcome Message / Assessment 1 On 1 February 20.2 , the VAT input account had a debit opening

Dashboard / My courses / FAC1502-23-S1 / Welcome Message / Assessment

Dashboard / My courses / FAC1502-23-S1 / Welcome Message / Assessment 1 On 1 February 20.2 , the VAT input account had a debit opening balance of R71 760 and the VAT output account had a credit opening balance of R103 960. The VAT rate applicable is 15%. Calculate the closing balance of the VAT input account as at 28 February 20.2

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