If we have on account 131 = goods in stock at the purchase price of 10,000 dinars, and on account 132 = goods in stock on PC1 = 25,000 dinars, and on account RUC on PC1 = 1329 = 5,000 dinars, and on account 134 = goods in stock at PC2 = 36,000 dinars and on account 1348 = VAT on PC2 = 6,000 dinars, and on account 1349 = 5,000 dinars, OPEN THE GENERAL BOOK ACCOUNT. 2. We sold half of the goods from the warehouse at the purchase price 30% more expensive. (Add to that amount 20% PDv. a. Book sales and internal accounting 3. We sold goods from the warehouse at PC1 for 15,000 dinars. (add to this amount 20% PDv a) .Book sales, internal accounting and ORC. 4. Goods from the warehouse were sold per PC2 goods for = 24,000 dinars. Book sales, internal settlement, ORCI OPDV.

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

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