User Account

All Pages

How much is the vat payable at the end of january

Assignment Help Accounting Basics
Reference no: EM132683546

Taxpayer became subject to value-added tax on January 1, 2019, by registering under the?VAT system.

                                               2018 Jan.                  2019

Net Sales                          Php 1,000,000       Php 100,000

Net purchases from VAT supplier 400,000               60,000

Inventory, end                           22,000                 10,000

Problem 1: How much is the VAT payable at the end of January 2019?

Reference no: EM132683546

Questions Cloud

What is the nominal value of each payment : What do the timelines look like for each of Scialomie's contract offers? That is, what is the nominal value of each payment and when is each payment happening?
Determine the earnings per share of common stock : Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is $10,000,000
Create the negotiation strategy for your company : Create the negotiation strategy for your company. Identify and explain your planned negotiation tactics.
Determine the nature and level of resources : Explain how you would analyse information to determine the nature and level of resources required to achieve business objectives.
How much is the vat payable at the end of january : Taxpayer became subject to value-added tax on January 1, 2019. How much is the VAT payable at the end of January 2019?
Conduct your own social engineering experiments : Conduct your own social engineering experiments. While at a restaurant, convenience store, bank, place of business, or any shopping location, ask you waiter.
How application of relevant philosophies of ethics : Discuss how the application of relevant philosophies of ethics can help secure goodwill and stakeholder welfare in these difficult times.
How could the given situation been avoided : Explain a scenario where you or someone you know may have unknowingly given too much personal information to a stranger. How could this situation been avoided?
Types of information assets utilized by organizations : Identify and define various types of information assets utilized by organizations. Provide example of how organizations use various type of information assets

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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