Flashcards: Understanding Media Placement Invoicing — 10 cards

All cards

1Question

Company name — registered entity?

Answer

Hilda Baci Academy Eggcorn Digital Limited

2Question

Company address — location?

Answer

8a, Omorinre Johnson Street, Lekki Phase 1, Lagos

3Question

TIN — purpose?

Answer

Tax identification for the company

4Question

Invoice number — identifier?

Answer

INV01080

5Question

Invoice date — when issued?

Answer

01 April 2026

6Question

Media placement cost — amount?

Answer

NGN 2,000,000.00

7Question

Tax rate — percentage?

Answer

7.5% VAT applied

8Question

VAT amount — calculation?

Answer

NGN 150,000.00 from NGN 2,000,000.00

9Question

Total including VAT — sum?

Answer

NGN 2,150,000.00

10Question

Bank transfer — instructions?

Answer

Pay to Zenith Bank PLC, account 1227242194

Test yourself with the quiz

Test your knowledge with 5 questions on Understanding Media Placement Invoicing.

1. What is the primary purpose of including detailed invoice information such as invoice number, date, description, and total amount?

2. What does the tax breakdown in this invoice represent?

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