Mr M is a VAT taxpayer He had the following data in a month Output taxes on domestic sales Output taxes on export sales Input taxes on domestic sales P96,000 0 P48,000 Input taxes on export sales P18,000 How much is the value added tax payable if the input taxes on export sales is used against the...

Mr. M is a VAT taxpayer. He had the following data in a month: Output taxes...

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Cornerstones of Financial and Managerial Accounting

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Mr. M is a VAT taxpayer. He had the following data in a month: Output taxes...

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Cornerstones of Financial and Managerial Accounting

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