Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribed

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 other printing services. During the year, they have the following information: Sales of school P supplies 500,000 Sales of 700,000 textbooks Printing 200,000 newspaper Sales from 300,000 newspaper Sale of e-books 100,000 Electrotyping services for 200,000 books Other Input VAT from the purchase of 75,000 goods and services Applying the provisions of the CREATE Act, how much is the VAT payable during the year? [Select] RMP Bookstores is a VAT-registered taxpayer that sells school supplies and books. They are also engaged in other printing services. During the year, they have the following information: Sales of school P supplies 500,000 Sales of 700,000 textbooks Printing 200,000 newspaper Sales from 300,000 newspaper Sale of e-books 100,000 Electrotyping services for 200,000 books Other Input VAT from the purchase of 75,000 goods and services Applying the provisions of the CREATE Act, how much is the VAT payable during the year? [Select]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions