User Account

All Pages

How much is the vat payable or refundable

Assignment Help Financial Accounting
Reference no: EM132975079

Question - James Corporation provided the following data for 2018 taxable year:

Export Sale (net) P5,038,925

Purchases (net) 1,990,867

Question 1: If James is vat registered, how much is the vat payable/refundable?

Question 2: If James is non-vat registered, how much is the vat payable/refundable?

Reference no: EM132975079

Questions Cloud

What amount of impairment loss should the company recognize : On January 1, 2020, a company purchased a machine with a cost of P3,672,000, What amount of impairment loss should the company recognize
What amount of cash should be reported : The bonds were issued at face value plus accrued interest. What amount of cash should be reported at the date of the May 1 issuance
Strategies to solve a problem in the real world : What suggestions would you make to maximize your classmate's answer to the interview question - What will be your answer to the question
Explain the process to determine the validity of the problem : Prepare an appropriate response to the organization regarding their issue. Explain the process to determine the validity of the problem.
How much is the vat payable or refundable : James Corporation provided the following data for 2018 taxable year: Export Sale (net) P5,038,925. How much is the vat payable or refundable
Explain process for evaluating an organizational condition : Explain the process for evaluating an organizational condition to determine if the action required is OD-related. Define the specific criteria for determining
How long does it take to finish this hiring process : How long does it take to finish this hiring process? Prepare a work breakdown structure showing tasks, durations, and predecessor tasks
How can a company link specific plans : Why there should be a link between organizational business strategy and employee benefits. How can a company link specific plans
Achieving a sustainable competitive advantage : Because a firm's resources and capabilities play a dominant role in achieving a sustainable competitive advantage, it has been argued that organizational leader

Reviews

Write a Review

Financial Accounting Questions & Answers

  Estimate the cost of ending inventory at May

Midlife Corp. is in the process of preparing its financial statements as at May 31, 2019. Estimate the cost of ending inventory at May 31

  Prepare the journal entry at year-end

Prepare the journal entry at year-end. Crane has a stock portfolio valued at $7,300. Its cost was $5,200. If the Fair Value Adjustment account has debit balance

  How much money does need to have in ira

If her retirement annuity earns 3.6?% compounded quarterly?, how much money does she need to have in her IRA when she? retires?

  Could mike millionaire be charged as an officer of company

Could Mike Millionaire be charged or fined as an officer of the company? Would the fact that Mike Millionaire was not involved in the day-to-day operations

  How many of transactions decreased blue devil total assets

How many of transactions decreased Blue Devil's total assets? Issued 10,000 shares of common stock for $15,000 cash. Purchased land for $12,000.

  What is the amount that cooper enterprises should report

What is the amount that Cooper Enterprises should report as its pension liability on its balance sheet as of December 31, 2015?

  What interest rate would earn on the arrangement

As a plan b, your 'friend' from above offers to borrow $3,000 today and repay you $3,800 in four years. What interest rate would you earn on this arrangement?

  Which reliable for decision-making purposes to present

Liabilities as current or non-current unless it is considered more relevant and more reliable for decision-making purposes to present them according

  How much is controllable margin for year

Cart Company recorded operating data for its shoe division for the year. Sales $750,000, Contribution margin $150,000, Controllable fixed costs $90,000, and Average total operating assets 300,000. How much is controllable margin for the year?

  What amount of cash would sawyer receive at issue

If Sawyer issued the bonds to yield an effective (market) rate of 4 percent, what amount of cash would Sawyer receive at issue (round to nearest whole dollar)?

  Calculate the total interest earned on the note

Calculate the total interest earned on the note. On October? 1, 2025, Jewelry? Specialists, Inc. made a loan to one of its customers.

  What should be the depreciation expense for the equipment

As a result of this improvement, the company estimates that the useful life of the equipment will be extended an additional five years. What should be the depreciation expense for this equipment in 2014?

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