Which statement about the value added tax (VAT) calculation type reverse charge VAT is true?

Which statement about the value added tax (VAT) calculation type reverse charge VAT is
true?

Which statement about the value added tax (VAT) calculation type reverse charge VAT is
true?

A.
This option creates two G/L entries with the VAT amount that balance to U and two VAT
entries.

B.
This option is used only by Purchases & Payables transactions and creates two VAT
entries with the VAT amount that balance to 0.

C.
This option creates two G/L entries with the VAT amount that balance to 0 and one VAT
entry.

D.
This option is used only by Sales & Receivables and creates two VAT entries with the
VAT amount that balance to 0.



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