Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the month-end balances of vat deductible and vat c

The month-end balances of VAT Deductible and VAT Calculated accounts for X Company are 30.000TL...

80.2K

Verified Solution

Question

Accounting

The month-end balances of VAT Deductible and VAT Calculated accounts for X Company are 30.000TL and 20.000TL, respectively. Prepare the journal entry about VAT at the end of the month.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

8 In the following figure line AB is parallel to line DE Which pairs of...

Geometry
Q

Skin creams that claim to stop the process of aging is a billion-dollar business. What are...

Biology
Q

Define mass density and specific weight. Define specific volume. Define specific gravity.

Mechanical Engineering
Q

Let W denote the set of English words. For u, v ? W, declare u ?...

Advance Math
Q

Explain and calculate the costs of different capital components—debt, preferred stock, retained earnings, and common stock.

Finance
Q

QUESTION 1 Match the cell structure with it s correct function description Endomembrane system Nuclear...

Biology
Q

Write the following number in scientific notation.0.004520.00452=(Use the multiplication symbol in the math palette as...

Algebra
Q

Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and...

Accounting
Q

What are the essential characteristics of liabilities for purposes of financial reporting?

Accounting
Q

A Mature Company on Beverage and Food Industry, with Stable Earnings expects to have earnings...

Accounting
Q

On December 31,2022, ABC Enterprises of Toronto paid $12,000,000 for 100% of the outstanding shares...

Accounting
Q

Firm A is a well-established medium size firm. It has $600 million of market value...

Finance