Question: QUESTION 2 [ 1 7 Marks ] The following transactions were recorded for the June / July VAT period by a temporary assistant, as the
QUESTION
Marks
The following transactions were recorded for the JuneJuly VAT period by a temporary assistant, as the oookkeeper of AA Traders is currently on maternity leave. The assistant did not account for any VAT on the transactions because she is unsure whether the company is a registered VAT vendor.
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You are required to:
Calculate the total VAT liability of AA Traders for the JuneJuly VAT period of assessment. Clarify the nclusionexclusion of items in the calculations
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