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Problem 1: All amounts given are VAT not included: A, Non-VAT taxpayer, sells to B, VAT taxpayer P60,000 B, VAT taxpayer, sells to C, VAT taxpayer 90,000 C, VAT taxpayer, sells to D, VAT taxpayer, an exporter 150,000 D, VAT taxpayer, exports 300,000 Compute the Value added tax, if any, of A, B, C, and D. Show your solutions.
lee martin inherited 20000 from his great uncle. he would like to invest this money into his retirement account which
marcella paid 20 for a music cd for which she later was offered 25. after that someone offered her 30 for the cd. if
Skysong Company's standard labor cost of producing one unit of Product DD is 3.90 hours at the rate of $10.00. Compute the labor price and quantity variances
Prepare statement of cash flows for calendar 2020, using the direct method. Old equipment was sold for $70,000.This equipment had cost $150,000
Grayson Bank agrees to lend the Trust Company $100,000 on January 1. Trust Company signs a $100,000, 9%, 9-month note. What is the adjusting entry required if Trust Company prepares financial statements on June 30?
stone inc. is evaluating a project with an initial cost of 9500. cash inflows are expected to be 1500 1500 and 10000 in
Outstanding checks at April 30, year 2, totaled $7,000. There were no deposits in transit at April 30, year 2. What is the cash balance per books at April 30
Explain why treasury stock is not classified as an asset, Explain what is meant by Accumulated other comprehensive loss
cactus construction sells 1000000 of 8 bonds on january 1 20xx. the bonds are unsecured but registered to the name of
For Warren Corporation, year-end plan assets were $2,000,000. At the beginning of the year assets were $1,780,000. During the year, contributions to the pension fund were $120,000, and benefits paid were $200,000. Compute Warren's actual return on..
What is Kraft Foods Inc.s corporate strategy
Issued 5,000 ordinary shares at P45 per share, less cost related to the issuance of the share totalling P7,000.00
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