A VAT registrant purchases goods for 15,000 Baht with a tax invoice issued. Then, the goods are sold to a customer abroad for 25,000 Baht, issuing a tax invoice in the same month. What is the net Value Added Tax during this month? According to the previous question, what is the net Value Added Tax if the goods are sold to the customer abroad?

A VAT registrant purchases goods for 15,000 Baht with a tax invoice issued. Then, the goods are sold to a customer abroad for 25,000 Baht, issuing a tax invoice in the same month. What is the net Value Added Tax during this month? According to the previous question, what is the net Value Added Tax if the goods are sold to the customer abroad?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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