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Determine the amount of vat from the foregoing expenditures

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Reference no: EM132901088

Mr. B incurred the following hospitalization expenses:

Hospital bills exclusive of doctor's fees and medicines P 800,000

Laboratory expenses exclusive of medicines 400,000

Medicines purchased from the hospital's pharmacy 100,000

Medicines purchased from a pharmacy outside of the hospital 20,000

Doctor's fees 200,000

REQUIRED:

Problem 1: Determine the amount of VAT from the foregoing expenditures

Reference no: EM132901088

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