Purchase Journal with VAT | Example

[@RK-cj3zj]

You are saving me right now! thank you so much for all the videos! Would you do videos/playlist on a full Accounting Cycles?

[@liyemamadikiza]

Very helpful, made it very easy to understand. May you please post for Purchases returns

[@LifeWithMoi]

Yes please

[@gerrardnkuwa8230]

How did you calculate the 115 figure.
You said, VAT input= total amount multiplied by VAT percentage dividing 115.
How did 115 come about?

[@snehm1708]

Heaven sent💐

[@robinditshabue2080]

Can you also upload a video on preparing the purchase account, VAT account and Axel account. Thank you so much on the previous lessons, they helped me a lot.

[@nthabisengross1360]

Is credit control column same things as trade payable column in the Purchase journal

[@preciousmasasa5590]

Yes

[@aldadimakatso5163]

Can you please upload a video explaining fixed/ tangible assets

[@Counttuts]

Thanks for the suggestion

[@mahmoudsaadeh4383]

why divided by 115 and not 100 ?!

[@torahmoc2774]

🤟