How much is the cash received from the payment of the Government? Sale on account the government
Fantastic news! We've Found the answer you've been seeking!
Question:
How much is the cash received from the payment of the Government?
Sale on account the government P500,000
Input VAT paid pertaining to the sale P40,000
a. 535,000
b. 500,000
c. 560,000
d. 525,000
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: