Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

ACCA December Exams

Post comments & Vote in Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>

Sales tax

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Sales tax

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • September 25, 2024 at 5:01 am #711736
    Botsane
    Participant
    • Topics: 1
    • Replies: 0
    • ☆

    Sales tax account is debited with output tax?

    September 25, 2024 at 5:46 pm #711752
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54500
    • ☆☆☆☆☆

    No. Output tax is the tax charged to customers on sales and is credited to the sales tax account.

    Have you not watched my free lectures on this? The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well 🙂

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.