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  3. Study Set
    Introduction to Financial Accounting
  4. Exam
    Exam 5: Double-Entry Bookkeeping 2: Books of Prime Entry, Accounting Systems and Other Double-Entry Applications
  5. Question
    Charging VAT on the Sales of Goods and Services Increases
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Charging VAT on the Sales of Goods and Services Increases

Question 22

Question 22

True/False

Charging VAT on the sales of goods and services increases the total invoice amount but does not increase income.

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