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问答题(c) Assuming that the rate of sales tax on the low-priced polythene bags is increased from 16% to 20% effective from 23 December 2009:
(i) State the manner in which the sales tax return for the month of December 2009 would need to be furnished; (2 marks)
(ii) Calculate the sales tax payable by Hamza Usman & Sons for the month of December 2009. (5 marks)
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单选题Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.
Which of the following accounting treatments correctly applies the principle of faithful representation?