Question
Nueva Ecija Company received a bill for 27,440 from a non-VAT service provider. The payment for the service is subject to 2% creditable withholding
Nueva Ecija Company received a bill for 27,440 from a non-VAT service provider. The payment for the service is subject to 2% creditable withholding tax. What is the deductible expense if Nueva Ecija is a non-VAT taxpayer?
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College Accounting
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
11th edition
978-1111528300, 1111528128, 1111528306, 978-1111528126
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