EMERALD, a real estate dealer has the following sales data for 2021: Lot B 2,000,000 1,000,000...

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EMERALD, a real estate dealer has the following sales data for 2021: Lot B 2,000,000 1,000,000 1,100,000 500,000 100,000 1,800,000 Selling Price Cost of the Property Mortgage assumed by buyer Downpayment - November 2021 Lot A 1,000,000 500,000 600,000 100,000 50,000 1,200,000 1,100,000 First Installment - December 2021 Zonal Value Assessed Value Required: Determine the Output Vat for November. Lot C 1,000,000 500,000 500,000 100,000 100,000 900,000 1,900,000 1,000,000 EMERALD, a real estate dealer has the following sales data for 2021: Lot B 2,000,000 1,000,000 1,100,000 500,000 100,000 1,800,000 Selling Price Cost of the Property Mortgage assumed by buyer Downpayment - November 2021 Lot A 1,000,000 500,000 600,000 100,000 50,000 1,200,000 1,100,000 First Installment - December 2021 Zonal Value Assessed Value Required: Determine the Output Vat for November. Lot C 1,000,000 500,000 500,000 100,000 100,000 900,000 1,900,000 1,000,000

Answer rating: 100% (QA)

The output VAT for November can be calculated as foll... View the full answer