government agency hired several job-order contractors for its temporary manpower needs. It also retained the services...

    

Transcribed Image Text:

government agency hired several job-order contractors for its temporary manpower needs. It also retained the services of a VAT-registered building Contractor for its proposed new office building. submit an affidavit on their gross receipts. deductible from the building contractor. contractor billed P3,360,000 for project completion during the month. The payments for job order contractors who are paid P 300,000 a year totaled Gross Required: 1. 2. government agency hired several job-order contractors for its temporary manpower needs. It also retained the services of a VAT-registered building Contractor for its proposed new office building. submit an affidavit on their gross receipts. deductible from the building contractor. contractor billed P3,360,000 for project completion during the month. The payments for job order contractors who are paid P 300,000 a year totaled Gross Required: 1. 2. government agency hired several job-order contractors for its temporary manpower needs. It also retained the services of a VAT-registered building Contractor for its proposed new office building. submit an affidavit on their gross receipts. deductible from the building contractor. contractor billed P3,360,000 for project completion during the month. The payments for job order contractors who are paid P 300,000 a year totaled Gross Required: 1. 2. government agency hired several job-order contractors for its temporary manpower needs. It also retained the services of a VAT-registered building Contractor for its proposed new office building. submit an affidavit on their gross receipts. deductible from the building contractor. contractor billed P3,360,000 for project completion during the month. The payments for job order contractors who are paid P 300,000 a year totaled Gross Required: 1. 2. government agency hired several job-order contractors for its temporary manpower needs. It also retained the services of a VAT-registered building Contractor for its proposed new office building. submit an affidavit on their gross receipts. deductible from the building contractor. contractor billed P3,360,000 for project completion during the month. The payments for job order contractors who are paid P 300,000 a year totaled Gross Required: 1. 2. government agency hired several job-order contractors for its temporary manpower needs. It also retained the services of a VAT-registered building Contractor for its proposed new office building. submit an affidavit on their gross receipts. deductible from the building contractor. contractor billed P3,360,000 for project completion during the month. The payments for job order contractors who are paid P 300,000 a year totaled Gross Required: 1. 2.

Answer rating: 100% (QA)

Lets assume that Total Vatable Sales VAT exclusive P3 360... View the full answer