Accounting: VAT

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This video covers VAT calculations and the VAT control account.
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Hi sorry to sorry to ask something out of the topic but I'll appreciate your help.how to calculate closing balance for VAT input

zandilebarbei
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yess, thank you so much.
100% helpful :)

shanimwende
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Owed and paid amount to HMRC are same things but why we put owed amount on credit side in t account and paid amount on debit side ??? I’m confused in this concept kindly help me in clearing this concept

hamich
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Could you possibly also do manufacturing as well?

lethukuthulazungubusani