Dipolog Autopartz Supply Company, a dealer of auto parts and accessories, is a VAT-registered taxpayer. For...

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Dipolog Autopartz Supply Company, a dealer of auto parts and accessories, is a VAT-registered taxpayer. For the month of July, 2021, the following data are provided (exclusive of VAT): Local Sales: Cash Sales On Account Purchases From VAT-registered person From non-VAT registered person P600,000 300,000 400,000 200,000 Required: Compute for the VAT payable at the end of the month. Dipolog Autopartz Supply Company, a dealer of auto parts and accessories, is a VAT-registered taxpayer. For the month of July, 2021, the following data are provided (exclusive of VAT): Local Sales: Cash Sales On Account Purchases From VAT-registered person From non-VAT registered person P600,000 300,000 400,000 200,000 Required: Compute for the VAT payable at the end of the month.

Answer rating: 100% (QA)

To compute the VAT payable for Dipolog Autopartz Supply Company for the month of July 2021 we need t... View the full answer