accounts tax

posted by .

what is the correct VAT payable for a hi-fi unit costing £255.55 less trade discount of 10 and cash discount of 4 if paid within 14 days-delivered by courier at an agreed charge of £25.00 the courier charged the supplier £19.50?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. college

    1)The credit terms 2/10, n/30 are interpreted as?
  2. Accounts

    GT Ltd provides you with the following information at 30.06.Y1 Amounts in MUR. 1. Property, Plant and Equipment 505,000. Other Financial Assets 120,000. Inventories 200,000. Trade and other Receivables 202,000. Prepayments 10,000. …
  3. accounting

    sa traders who use the perpetual inventory system, purchased merchandise on the 1 feb 2011 form africa limited for 500. the purchase was subject to a cash discount of 5% if settled within 20 days and a trade discount of 25%
  4. ashford

    At the beginning of 2012, the Jeater Company had the following balances in its accounts: Cash $4,300 Inventory 9,000 Common Stock 10,000 Retained Earnings 3,300 During 2012, the economy experienced the following events: 1. Purchased …
  5. business math

    10. Simms Trucking Company received an invoice showing 20 tires at $99.00 each, 16 tires at $120.00 each, and 12 tires at $150.00 each. Shipping terms are FOB shipping point. Freight is $350.00; trade discount is 12/4; and a cash discount …
  6. math (trade and cash discount)

    5.mariam paid RM239.29 for a bag that was offered a chain discount of 15% and 8% .what was the list price of the bag ?
  7. math

    A bill is for $4000.00 with the terms of 2/ 10-60x cash discount. How much would be remitted if the invoice were paid within the cash discount period?
  8. physics

    A courier is delivering a 5kg package to an office high in a tall building. (a) What upwards force does the courier apply to the package when carrying it horizontally at a constant velocity of 2m/s into the building?
  9. maths

    Mr. Jones bought a stove at a discount of 20%. The price of the stove is $4,000. a)Calculate the discount in dollars. b)What was the cost of the stove after the discount?
  10. accounting

    Please help me to get the answers for these questions in order to help my niece for their assignment answers correctly. thanks Answers as called for show computations and analyses 1.An office machine costing p 20,000 has been used …

More Similar Questions