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Title: The management of Nyakwerigeria Ltd a registered supplier of vatable goods presented the following ... Post by: Mugo on Jul 23, 2018 The management of Nyakwerigeria Ltd a registered supplier of vatable goods presented the following information relating to the companies transactions for the month of October 2017.
Sh. Sales at standard rate 36,000,000 Sales at zero-rate 14,000,000 Export sales 4,000,000 Exempt sales 6,000,000 Purchase at standard rate 30,000,000 Purchase at zero rate 12,000,000 Salaries and wages 6,000,000 Purchase of ETR 120,000 Required: Determine the VAT payable or refundable by the company for the month of October 2017 |