A. A VAT registered person had the following transactions during the third quarter 2018:

a. Cash Purchases P 467,500

b. Purchases on Account 112,000

c. Purchase Returns 55,000

d. Cash Sales 330,000

e. Sales on Account 506,000

f. Sales Returns and Allowances 93,500

Required: Compute the VAT Payable for the third quarter.

B. A VAT registered business provided us its data in 2021:

Gross Sales Price on the following items:

a. Sales of Merchandise P440,000

b. Merchandise given to creditors in payment of debts 28,160

c. Property Dividend to stockholders 33,000

d. Goods taken by the owner of personal use 17,600

Purchases and payments for the period:

a. Purchases of merchandise P165,000

b. Payment of PLDT 1,980

c. Purchase of furniture (VAT included) 2,000

d. Security Guard Services (non-VAT business) 5,000

Required: Compute the VAT Payable.