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LG.1. and LO.1.1. and LO.1.2. Mid exam.
Description
|
t+0
|
t+1
|
t+2
|
Beginning Inventory
|
0
|
100
|
150
|
Purchasing
|
100
|
200
|
200
|
Cost of Goods Sold
|
150
|
250
| |
Ending Inventory
|
100
|
150
|
150
|
Sales
|
200
|
300
|
Calculate Accumulate Input Value Added Tax t+2. Value Added Tax Rates 11%.