Given below were the purchases and sales made by Tough Limited during the
month of December 2005. The prices were inclusive of VAT at the standard
rate of 17 percent.
December 1
5
Purchased 400 units at Sh.5,600 per unit
Sold 40 units at sh.7,200 per unit
Sold 80 units at Sh.7,200 per unit

10
20
25
31
Sold 200 units at Sh.7,200 per unit
Purchased 300 units at Sh.6,400 per unit
Sold 80 units at sh.7,200 per unit
Sold 200 units at Sh.8,000 per unit
There was no inventory at the beginning of the month but 100 units were in stock at
the end of the month.
Required:
(a) The VAT account for the month of December 2005. ( 12 marks)
(b) On what date is VAT due payable? ( 3 marks)