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A. SDS
B. ALL
C. MDM
D. SDC
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NEW QUESTION: 2

A. Option E
B. Option A
C. Option D
D. Option C
E. Option B
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Refer to the Exhibit.

A business which is not VAT registered, purchased stationery items on credit costing £500 excluding VAT.
The rate of VAT on the goods was 17.5%.
What are the correct ledger entries?
The answer is:
A. Option A
B. Option C
C. Option D
D. Option B
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