On July 2022, a vat registered taxpayer engaged in merchandising have an input tax of P140,000 from purchases and the following transactions during the month Exempt sales P400,000 Export sales 600,000 Sales to government 200,000 Regular sales 800,000 How much is the vat payable attributable to expo...

To calculate the VAT payable attributable to each type of sale and the VAT payable on purchases attr ...

On July 2022, a vat registered taxpayer engaged in merchandising have an input tax of P140,000 from

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On July 2022, a vat registered taxpayer engaged in merchandising have an input tax of P140,000 from purchases and the following transactions during the month:

Exempt sales	P400,000
Export sales	600,000
Sales to government	200,000
Regular sales	800,000

How much is the vat payable attributable to export sales?

How much is the vat payable attributable to regular sales?

How much is the vat payable on purchases is attributable to sales to government?

answers given provide a solution.

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Horngrens Financial And Managerial Accounting The Financial Chapters

ISBN: 9780134486840

6th Edition

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Mar 04, 2024 01:47 AM

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On July 2022, a vat registered taxpayer engaged in merchandising have an input tax of P140,000 from

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Horngrens Financial And Managerial Accounting The Financial Chapters

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