Select the correct alternative to complete the sentence. VAT and discount calculations will be found on ______.a.a delivery noteb.a monthly statementc.an internal sales orderd.a sales invoic

Question textWhich one of the following statements regarding Output VAT and Input VAT is correct?Select one:a.Output VAT is required to be paid over to SARS, except if the customer has not yet paid for the goods or servicesb.An input VAT deduction may be claimed for a period of 5 years from the date of receipt of the tax invoicec.Output VAT is defined as the VAT incurred on the supply of goods or services to the vendord.Input VAT is defined as the tax charged in respect of the supply of goods and services by the vendorFeedback

Write code that allow the user to enter the price of an item and the quantity. The program should calculate it and print total including VAT using the following formula: Total =  Price * Quantity * 1.1For example, if the user enters 2 as price and 5 for quantity, then the program will print "Total price with VAT: 11.0"

Compute for Net VAT Payable on VAT “inclusive” Sales/Receipts: Total Value Sales (VAT inclusive) = Php 127,000.00Total Purchase with VAT receipts (VAT inclusive) = Php 58,000.00a.Php 7,392.86b.Php 7,372.85c.Php 7,382.85d.Php 7,392.85

Which is not reflected in the accounting books.*a. Trade discountb. Sales returnc. Sales discountd. Purchase discount

The following are required information on a note, EXCEPT:Group of answer choicesInterest rate and discount ratePayee and makerFace valueIssue date and term