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.

Select the correct answer. which is a benefit of planning for your future career? a.being less prepared after high school. b.having higher tuition in college. c.earning college credits in high school. d.ruining your chances of having a successful career.

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.