Question
Chiz enterprise reports its gross sales/receipts during the quarter as follows: Sale of computers Gross receipts - computer repairs Sales returns and allowances Sales
Chiz enterprise reports its gross sales/receipts during the quarter as follows: Sale of computers Gross receipts - computer repairs Sales returns and allowances Sales discounts for early payments Input VAT on purchases 200,000 100,000 20,000 10,000 13,600 If Chiz is VAT registered, how much is the business tax?
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