Question
How much is the cash received from the payment of the Government? Sale on account the government P500,000 Input VAT paid pertaining to the sale
How much is the cash received from the payment of the Government?
Sale on account the government P500,000
Input VAT paid pertaining to the sale P40,000
a. 535,000
b. 500,000
c. 560,000
d. 525,000
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
