Question: Hello can i get help on these two questions with solution/explanations? Thank you in advance Context:PH TAX 32 33. On August 1, 2022, a real

Hello can i get help on these two questions with solution/explanations? Thank you in advance Context:PH TAX

Hello can i get help on these two questions with solution/explanations? Thank

32 33. On August 1, 2022, a real property dealer sold a commercial lot for P 5,000,000. The lot has a zonal and assessed value of P6,000,000 and P4,500,000 respectively. A down payment of P500,000 was paid with the balance to be paid in 36 equal monthly installments of P125,000 starting on September 1, 2022. How much VAT is to be paid on the 3rd and 4th quarter of 2022 respectively? On November 1, 2023, a real property dealer sold a lot for P 10,000,000. A down payment of P2,300,000 was paid with the balance to be paid in 20 equal monthly installments starting on December 1, 2023. How much VAT is to be paid in the 4th quarter of 2023

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!