Question
For the 1st quarter of 2024, Villarica Pawnshop received rentals of P180,000; interests of P500,000 from lending activities with maturities of more than 5 years;
For the 1st quarter of 2024, Villarica Pawnshop received rentals of P180,000; interests of P500,000 from lending activities with maturities of more than 5 years; and interests of P800,000 from lending activities with maturities of 5 years or less. How much is the gross receipts tax for the Quarter?
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Calculus
Authors: Ron Larson, Bruce H. Edwards
10th Edition
1285057090, 978-1285057095
