Solution-Find how much is the vat payable

Find how much is the vat payable

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Reference no: EM132683728

Taxpayer is a manufacturer subject to VAT. Sales of manufacturing products Purchases from VAT sellers, VAT not included:

Materials and supplies for use in production Machine with useful life of 4 years

Land

Costs during the month on warehouse in Progress of construction, VAT not included:

Materials purchased during the month

Progress billings paid to the contractor (services)

Problem 1: How much is the VAT Payable?

Reference no: EM132683728

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Find how much is the vat payable

Reference no: EM132683728

Reference no: EM132683728

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