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
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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?
Transcribed Image Text: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?
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