Question
A business taxpayer had the following purchases ad receipts: Import of goods or services Php 190,000 Domestic purchases of goods or services 100,000 Domestic
A business taxpayer had the following purchases ad receipts: Import of goods or services Php 190,000 Domestic purchases of goods or services 100,000 Domestic sales of goods and services 150,000 Export sales of goods or services 50,000 Compute the total amount subject to consumption tax to the business. Select the correct response: 500,000 O 400,000 340,000 O 350,000
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
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