Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sales, exports Php 900,000 Sales, domestic 100,000 Purchases from VAT suppliers 360,000 Purchases from VAT suppliers of goods sold in the Philippines 55,000 Compute the

Sales, exports Php 900,000

Sales, domestic 100,000

Purchases from VAT suppliers 360,000

Purchases from VAT suppliers of goods sold in the Philippines 55,000

Compute the VAT payable of export and domestic sales and purchases separately.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Microsoft Excel and Access 2016 for Accounting

Authors: Glenn Owen

5th edition

1337109048, 1337109045, 1337342149, 9781337342148 , 978-1337109048

More Books

Students also viewed these Accounting questions

Question

2. To store it and

Answered: 1 week ago