The following were taken from the books of Juan, a vat taxpayer, from his purchases from...

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The following were taken from the books of Juan, a vat taxpayer, from his purchases from various vat registered taxpayers: Date Amount Remaining life of asset N/A 3 years N/A N/A May June October P200,000 P1,200,000 P300,000 P500,000 November 4 years 6 years How much is the Input Tax of Juan as of the end of November? P900,000 P500,000 The following were taken from the books of Juan, a vat taxpayer, from his purchases from various vat registered taxpayers: Date Amount Remaining life of asset N/A 3 years N/A N/A May June October P200,000 P1,200,000 P300,000 P500,000 November 4 years 6 years How much is the Input Tax of Juan as of the end of November? P900,000 P500,000

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To calculate the input tax of Juan as of the end of November we ne... View the full answer