Question
A printing press had the following revenues and collections during the month. Revenue Collection Books 200,000 180,000 Advertising magazines 250,000 150,000 Election campaign materials 700,000
A printing press had the following revenues and collections during the month.
Revenue Collection
Books 200,000 180,000
Advertising magazines 250,000 150,000
Election campaign materials 700,000 400,000
Tarpaulin 80,000 80,000
Total 1,230,000 810,000
Determine the vatable amount and explain your solution by highlighting the rules on exemption for the transaction provided.
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Business Law Legal Environment Online Commerce Business Ethics and International Issues
Authors: Henry R. Cheeseman
9th edition
978-0134529530, 134004000, 134529537, 978-0134004006
