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Problem 3 From the data: P400,000 P900,000 May 2 - On sale to the public Purchase price, VAT not included Selling price, VAT not included

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Problem 3 From the data: P400,000 P900,000 May 2 - On sale to the public Purchase price, VAT not included Selling price, VAT not included May 9 - On sale to the Government Purchase price, VAT not included Selling price P200,000 P600,000 How much was the vat payable at the end of May? How much was the final value-added tax of May? Problem 3 From the data: P400,000 P900,000 May 2 - On sale to the public Purchase price, VAT not included Selling price, VAT not included May 9 - On sale to the Government Purchase price, VAT not included Selling price P200,000 P600,000 How much was the vat payable at the end of May? How much was the final value-added tax of May

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