Business reported the following sales for the month of July 2021. Domestic sales P200,000 Deemed sales 100,000

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Business reported the following sales for the month of July 2021.
Domestic sales P200,000
Deemed sales 100,000
Export sales 300,000

1. How much is the zero-rated sales?

2. How much is the zero-rated sales if the business is a non-VAT taxpayer?

Related Book For answer-question

Discrete and Combinatorial Mathematics An Applied Introduction

ISBN: 978-0201726343

5th edition

Authors: Ralph P. Grimaldi

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Posted Date: Sep 22, 2023 07:32 AM

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Business reported the following sales for the month of July 2021. Domestic sales P200,000 Deemed sales 100,000

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To calculate zerorated sales we need to sum up the deemed sales ... View the full answer

Discrete and Combinatorial Mathematics An Applied Introduction

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