User Account

All Pages

How much is the cash to be paid to the seller of service

Assignment Help Financial Accounting
Reference no: EM133185943

Question - Jackie tapped the services of a non-resident alien not engaged in trade or business. Such purchase was subjected to Final Withholding VAT. The purchase price is P175,000.

Required -

1) How much total taxes should be remitted to the BIR?

2) How much is the cash to be paid to the seller of service?

Reference no: EM133185943

Questions Cloud

How much is the value of the derivative asset as of december : The market rates are 8% on January 1, 2020, 10% on January 1, 2021, 11% on January 1, 2022 and 12% on January 1, 2023. How much is value of derivative asset
What is the depreciation expense for the machine : Standard Company purchased a machine on January 1, 2009 for P500,000. What is the depreciation expense for the machine for the year 2013
What is meant by corporate social responsibility : Question 1: What is meant by corporate social responsibility? Describe, using an example.
Define customer equity : Define "customer equity" and explain why this concept is crucial to a company's profitability. What does it include? How is it measured?
How much is the cash to be paid to the seller of service : Such purchase was subjected to Final Withholding VAT. The purchase price is P175,000. How much is the cash to be paid to the seller of service
How much is the dutiable value : Question - Jackie, a non-business taxpayer, paid for the following relevant figures (in pesos) anent his importation. How much is the dutiable value
Discuss importance of reporting the events : With reference to IAS 10, Events after the Reporting Period, discuss the importance of reporting the events occurring after the end of the reporting period
Discuss digitalisation challenges in procurement : 1. Digitally transforming procurement practices is the most significant challenge and opportunity for most firms.
What amount should be included as impairment loss : If Agony Company accounts for noncurrent assets using the cost model what amount should be included as impairment loss and loss on disposal

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd