Concept of Value Added Tax (VAT) and its Computation
Accounting

Concept of Value Added Tax (VAT) and its Computation

Concept of Value Added Tax (VAT) and its Computation Value added tax (VAT) is known as the most recent and effective innovation in the taxation…
Concept of Value Added Accounting
Accounting

Concept of Value Added Accounting

Concept of Value Added Accounting Value Added Accounting is the difference between the cost of goods purchased by a business and its revenue. There is…
Characteristics of Value Added Tax (VAT)
Accounting

Characteristics of Value Added Tax (VAT)

Value Added Tax (VAT) is an indirect tax on spending. It produces large and regular tax revenue. It helps to reduce tax evasion. It is…
Multimedia Resources as Learning Tools
Modern Civilization

Multimedia Resources as Learning Tools

While there is no doubt that the interest in technology education is rising, the fast progression in the past years has been impressive. Multimedia applications…
Disadvantages of Value Added Tax (VAT)
Accounting

Disadvantages of Value Added Tax (VAT)

Value Added Tax (VAT) is tolerated by final consumers, so it is a consumption tax. It has the advantage of offering an efficient way to…
Madocite: Properties and Occurrences
Geographic Minerals

Madocite: Properties and Occurrences

Madocite is a mineral with a general formula of Pb17(Sb, As)16S41. It is an orthorhombic-pyramidal grayish black mineral containing antimony, arsenic, lead, and sulfur. It…
Advantages of Value Added Tax (VAT)
Accounting

Advantages of Value Added Tax (VAT)

A VAT is tolerated by final consumers, so it is a consumption tax. A huge amount of revenue is generated on a low tax rate…
Types of Value Added Tax (VAT)
Accounting

Types of Value Added Tax (VAT)

Types of Value Added Tax (VAT) A VAT is levied on the difference between the purchase cost of an asset and the price at which…
How to draft a Termination Letter?
Other

How to draft a Termination Letter?

Termination letters are also called a pink slip, contract termination letter, letter of separation, and notice of termination of employment. For the recipient, it is…
Principles Governing Value Added Tax (VAT)
Accounting

Principles Governing Value Added Tax (VAT)

Principles Governing Value Added Tax (VAT) A value-added tax (VAT) can be explained as a type of consumption tax.  It is based on a taxpayer’s consumption rather…
Concept of Auditing
Accounting

Concept of Auditing

Concept of Auditing Auditing is the process of examining the financial statement and information of the entity. The word ‘Audit’ is derived from the Latin…
Mackinawite: Properties and Occurrences
Geographic Minerals

Mackinawite: Properties and Occurrences

Mackinawite is an iron-nickel sulfide mineral with formula (Fe, Ni)1+xS (where x = 0 to 0.11). It is a tetragonal iron-nickel sulfide mineral that occurs…
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