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In 2021, A, operator, of a cockpit in Makati. Inside the cockpit is a restaurant operated by B. The following data are available:Gross receipts
In 2021, A, operator, of a cockpit in Makati. Inside the cockpit is a restaurant operated by B. The following data are available:Gross receipts from admission charges in the cockpit of 4M.Receipts from advertisements and rents of 2M.Sale of foods and drinks in the restaurant is 3.1M (Still unpaid, receivable, is 200,000).What is the percentage tax due of B? Your answer . In 2021, A, operator, of a cockpit in Makati. Inside the cockpit is a restaurant operated by A. The following data are available:Gross receipts from admission charges in the cockpit of 5M.Receipts from advertisements and rents of 2M.Sale of foods and drinks in the restaurant is 3.1M (Still unpaid, receivable, is 200,000).What is the amusement tax of A?
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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511
