Question: timed task, please answer for an upvote :)) Carlos operated a nightclub. His gross receipts during the month amounted to P126,700. The food and drinks

timed task, please answer for an upvote :)) Carlos operated a

timed task, please answer for an upvote :))

Carlos operated a nightclub. His gross receipts during the month amounted to P126,700. The food and drinks being served inside the nightclub are being delivered by Tiberio, a non-VAT taxpayer. During the month, Tiberio sold P32,400 worth of goods and drinks to Carlos. How much is the amusement tax payable? 28,638 22,806 O 19,005 5,832

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 Accounting Questions!

Imagine that there are three major network-affiliate television stations in Turlock, California: RBC, CBC, and MBC. All three stations have the option of airing the evening network news program live...

CHOICES OF ANSWER 0 7,800 67,800 60,000 timed task, please answer for upvote :)) A parent company holds 80% of the outstanding shares of VBN Corp. making the latter a subsidiary. During the year, one...

CHOICES OF ANSWERS: 1,675,000 (2,225,000) none of the choices (2,475,000) timed task, please answer for an upvote :)) The decedent was under the system of absolute community of property. He died on...

timed task, please answer for upvote :)) A VAT-registered real-estate developer has several lands in the Ilocos region. Initially, they intended it to be a new location for their new branch office,...

timed task, please answer for an upvote :)) Mr. Fanny, married, died leaving the following properties: Bank 2,100,000 Deposit Business 3.000.000 Interest Commercial 4,000,000 Building Family...

timed task, please answer for an upvote :)) A domestic insurance company had the following collections: Health and accident insurance Motor vehicle insurance Life and disability insurance Property...

CHOICES OF ANSWERS: 252,000 84,000 468,000 300,000 timed task, please answer for upvote :)) May Paupa, a non-VAT registered lessor of residential and commercial units has the following data for the...

timed task, please answer for an upvote :)) Mr. and Mrs. Roque is a philanthropist couple who gave many donations in times of need. In 2020, because of COVID, Taal, several storms, and the...

timed task, please answer for an upvote :)) AST Corporation donated a piece of land to the Municipality of Palanas, Masbate Province for the relocation site of informal settlers. The municipal...

CHOICES OF ANSWERS: 10,200 52,320 -75,000 21,000 timed task, please answer for an upvote :)) RMP Bookstores is a VAT-registered taxpayer that sells school supplies and books. They are also engaged in...

timed task, please answer for an upvote :)) The following data are taken from the records of Ms. Princess Ty, not VAT-registered, who owns various businesses for the current year 2020: Gross sales...

Sam has just inherited $283,000 which he would like to use as part of his retirement nest egg. Sam has decided that he wants to retire 8 years from now at age sixty. He would like to know how much of...

Find the difference in height of mercury columns in two communicating vertical capillaries whose diameters are d1 = 0.50 mm and d2 = 1.00 mm, if the contact angle = t38 .

56 (1 point) Genevieve's employer terminated her employment and paid her wages in lieu of notice. Under Quebec law, she was entitled to 2 weeks' notice. Calculate her wages in lieu of notice assuming...

Hypothesis Testing of a Single Mean LCTCS Tuition: Louisiana Community And Technical College System consist of 2 community colleges across the state. I think RPCC's tuition and fees is lower than the...

6. Have you used solid reasoning in your argument?

8. Have you checked (and rechecked) your speech for logical fallacies? Have you addressed and removed any that youve identified?

3. Have you assessed your audiences disposition and needs? Have you considered what is most relevant to them?