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3 years ago

What is VAT number?why we need this?

Business

2 answers:

mina [271]3 years ago

7 0

Answer:

what is a vat

Explanation:

lions [1.4K]3 years ago

4 0

A VAT number – or VAT registration number – is a unique code issued to companies which are registered to pay VAT. Businesses can find their own number on the VAT registration certificate issued by HMRC, while the numbers for other businesses should be stated on any invoice they issue.

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As part of a good Section 351 transaction Andy contributes his business with a basis of $200,000 in exchange for $300,000 worth

Brums [2.3K]

Answer:

Gain = $150,000

Explanation:

Given:

Contribution = $200,000

Exchange stock = $300,000

Cash = $50,000

Find:

Gain

Computation:

Gain = Exchange stock + Cash - Contribution

Gain = $300,000 + $50,000 - $200,000

Gain = $150,000

5 0

3 years ago

In what ways is professional sport the same as any other job/employment?

abruzzese [7]

You get paid either way.

8 0

3 years ago

Ella epoch fashion received notice that its bank has processed an nsf check. what would be the result for bella epoch fashion?

andreev551 [17]

The answer is option "d", "<span>it would have an increase in accounts receivable and a corresponding decrease in cash".
</span><span>Accounts receivable alludes to the extraordinary invoices that an organization has or the cash the organization or company is owed from its customers. The expression alludes to accounts a business has a privilege to get or receive, the reason behind this is that it has conveyed an item, product or service.
</span>

5 0

3 years ago

Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year's financial statements. He has gathered the follow

never [62]

Answer:

210,421 Long-Term Liabilities

Explanation:

We are going to use the accounting equation to solve for long term liabilities

$Assets = Equity + Liabilities\\Liablities = short\: term + long\: term$

Total Assets

cash 23,015

Account Receivables 141,258

Inventory 213,000

other current assets 11,223

PPE 714,100

goodwill and other assets 78,656

Total Assets 1,181,252

common stock 311,300

retained earnings 512,159

Total equity 823,459

We use he accounting equation to get total liabilities:

1,181,252 - 823,459 = 357,793 Total Liabilities

Now we calcualte the short-term debt

126,257 Account Payable

21,115 short-term Note Payable

Total Current Liabilities 147,372

And with this, the diference between short-term adn total liabilities is the long-term liabilities

357,793 - 147,372 = 210,421 Long-Term Liabilities

7 0

3 years ago

The argument that industries should be temporarily protected by tariffs or quotas to allow firms to develop a competitive produc

olga55 [171]

Answer: infant industry argument

Explanation:

The infant industry argument simply means that the new industries in a particular economy should be protected at all cost from the multinationals or already developed foreign firms so that they themselves can grow and that the foreign firms will not hinder their progress and growth.

This usually applies to small and newly established firms. One of the main reason for taxation is to help protect such industries from competition thqt can hinder them.

8 0

3 years ago