Grade 11 · Term 4
VAT Calculations and Recording
Cover the purpose of VAT, input and output VAT, the VAT control account, calculating VAT-inclusive and VAT-exclusive amounts, and recording VAT.
Where this fits in CAPS
VAT Calculations and Recording is part of Grade 11 Accounting, Term 4, in the CAPS (Curriculum and Assessment Policy Statement) practice on PrepPals. Each practice session gives you questions on the topic with instant feedback, and you keep a streak as you go. It is free.