Lady sells real property in the course of its business. During the last quarter of 2018, it
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Question:
Total contract price
P1,120,000
Down payment, 10/05/2018
112,000
1st installment (12/31/2018)
112,000
2nd installment (2/1/2019)
56,000
How much is the output vat in the last quarter of 2018?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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