Migo had the following transactions for the month: Sale of hogfeeds P300,000 Sale of specialty feeds for
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Migo had the following transactions for the month:
Sale of hogfeeds P300,000
Sale of specialty feeds for pets 200,000
Sale of fertilizers 100,000
Purchase of raw materials for the formulation of hogfeeds 150,000
Purchase of raw materials for the formulation of specialty feeds 100,000
Importation of raw materials for the formulation of fertilizers 50,000
1. How much is the amount of output vat?
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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