Sales, Purchases & VAT
26 practice questions with explanations — 15 free to try
PassNova has 26 AAT Level 2 Accounting practice questions on Sales, Purchases & VAT, each with a clear explanation. A 15-question taster is free with no sign-up; the full bank is part of PassNova Premium. Updated for 2026.
Sales, Purchases & VAT: example questions & answers
2 worked examples with answers and explanations below. Try 15 AAT Level 2 Accounting questions free in the browser; the full 26-question Sales, Purchases & VAT bank is part of PassNova Premium.
A business makes a credit sale of goods for £1,000 plus standard-rate UK VAT at 20%. What is the total amount the customer owes?
- A£1,000
- B£1,200✓
- C£1,020
- D£800
Answer: VAT at 20% on £1,000 is £200, so the customer owes the £1,000 net plus £200 VAT, totalling £1,200 gross.
On a standard-rate sales invoice, how is the output VAT charged to a customer recorded in the seller's books?
- AAs a debit entry in the VAT control account
- BAs a credit in the VAT control account✓
- CAs a debit to the sales account for the gross amount
- DAs an expense shown in the income statement
Answer: Output VAT charged on sales is a liability owed to HMRC, so it is credited to the VAT control account. The customer's receivable is debited with the gross amount.