Q3: Che-che is a CPA. The following are her data during the period amounts are net of tax): P 20 000 250 000 25 000 Salary as accounting teacher and reviewer Motel business (amounts are exclusive of tax): Gross receipts from business (VAT registered) Discounts Purchases: From VAT-registered suppliers From non-VAT suppliers Business expenses (60% VAT) Practice of profession (not VAT-registered): Gross receipts Purchases From VAT registered sellers From non-VAT sellers Expenses- profession 28 000 27 500 25 000 47 500 21 200 18 000 24 000 1. The VAT payable is- A. P 2 640 C.P 3 480 B. 3 336 D. 21 840 2. The percentage tax payable is- A. P 225 C.P 201 B. 1 425 D. 681