Introduction
Good day learners today we will focus more on the topic of VAT and I would like you to first view this less than 5 minutes video. This video will help you to be able to answer the questions that are being asked on the activity that you have to do
Hope this video will be helpful.
Task
Our task is based on VAT and please click the attached video to listen and know more about VAT before you write the exercises.
Hope this video is helpful and after you Done listening to it complete the exercises below.
Grade 10 Accounting
Answers all the questions and show all the necessary calculations and formulas.
Question 1
1.Calculate the VAT amount if the VAT inclusive amount is R150
(3) marks
2. If the amount that SARS received on the Jean that bought was R30 how much was the original price of that jean and how much was the VAT inclusive amount.
(6) marks
3. Calculate the VAT exclusive amount of R550.
(2) marks
Total marks (11)
Process
On VAT we need to know these different terms that are being used and how to use these formulas that you have
Please watch the video to check whether you used the correct formula or not
The video below is for you to have more understanding about VAT and other items that we will look on on this chapter. The above activity will help you to be able to deal with these deep concepts of VAT and their calculations.
Please watch the above video as addition to your knowledge.
Evaluation
| Number 1. |
formula (1 mark) |
Correct answers (2 marks) |
Total (3 marks) |
| Number 2. |
correct formulas for all the things that are asked (3 marks) |
Correct answers for all of them (3 marks) |
Total (6 marks) |
| Number 3. |
correct formula for the concept (1 mark) |
Correct answer (1 mark) |
Total (2 marks) |
| Total | 4 marks for formal | 6 marks for correct answers | 11 total for formal and answers |
Conclusion
This class activity will help us to continue with this chapter even farther please find the attached link of the video and things that we will focus on in our next class
If there's anything that you didn't understand about today's lesson please feel free to contact me.
Credits
Teacher Page
It must be remembered that the purpose of education is not to fill the minds of students with facts but it is to teach them to think, if that is possible and even think for them selves.
Contact details
Msila Mandihlume
219124302