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Business, 05.05.2021 15:10 BardiFan

1.Assume that for an accounting period, deductible VAT is 5.000 RON, and collectible VAT is 3.000 RON. Required: Journalize the VAT compensation end of the period.
2 Assume now that for an accounting period, deductible VAT is 10.000 RON, and
collectible VAT is 15.000 RON. Also, assume that the entity had a beginning period receivable VAT of 1.000 RON. Required: Journalize the VAT compensation at the end of the period.

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1.Assume that for an accounting period, deductible VAT is 5.000 RON, and collectible VAT is 3.000...
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