Question: On 1 January 2022, A South opened a hardware store, SA Stores, which is registered as a VAT vendor (the applicable VAT rate is 15%).

On 1 January 2022, A South opened a hardware store, SA Stores, which is registered as a VAT vendor (the applicable VAT rate is 15%). The periodic inventory system and control accounts are in use. The amounts in the transactions are VAT inclusive, where applicable. Petty cash voucher PETTY CASH VOUCHER No. 005 Date: 22 January 2022 Amount Required for: R c SA Groceries (registered VAT vendor)(Tea, coffee and milk) 228 00 Signature: S Africa Authorised by: A South The transaction relating to the above document will be entered in the ? as book of first entry

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