What is the input tax for the month

Assignment Help Other Subject
Reference no: EM132749189

Question: Input tax on the purchase of capital goods (fixed assets)

On May 2018, Mr. P, a VAT taxpayer, purchased an office equipment with a useful life of 3 years for P800,000. What is the input tax for the month?

On June 1, 2018, Q Co., a VAT taxpayer, purchased a machine with a useful life of 6 years (72 months) for P1,200,000. The input tax of the month is?

Reference no: EM132749189

Questions Cloud

What are the characteristics of successful learners : How can organizations ensure equal employment opportunity (EEO) in their recruitment practices? What are the characteristics of successful learners?
What is the tension in the rope : (a) What is the tension in the rope if he climbs at a constant speed? (b) What is the tension in the rope if he accelerates upwards at a rate of 1.50m/s2
Find the final velocity and displacement of the rock : A tourist stands at the top of the Grand Canyon, holding a rock, overlooking the valley below. Find the final velocity, and displacement of the rock
What is the skier speed at the top of the next hill : a.) How fast is the skier moving at the bottom of the valley? b.) What is the skier's speed at the top of the next hill?
What is the input tax for the month : On May 2018, Mr. P, a VAT taxpayer, purchased an office equipment with a useful life of 3 years for P800,000. What is the input tax for the month?
What is the carrying value of the Patent on December : HumpyDumpy Company purchased a patent on January 1, 2020 for P428,400. What is the carrying value of the Patent on December 31, 2024
Measure the absorption coefficient of unknown object : Explain how we can use photoacoustic technique to measure the absorption coefficient of an unknown object?
What action should the hospital take : Market for nurses consists of 40% minorities and 90% women. Does underutilization exist? If so, where? If so, what action should the hospital take?
Abrasive sponge to better scrub the pans : Can you concisely explain why it is necessary to press on an abrasive sponge to better scrub the pans?

Reviews

Write a Review

Other Subject Questions & Answers

  Group Authority-Analysis of facilitators overall performance

Part 2: Group Authority - Analysis of facilitators' overall performance. Explanation of facilitators' overall strengths and suggestions

  Challenges facing the juvenile justice system

Discuss the challenges facing the juvenile justice system as it seeks to respond to a perceived need to pursue "adultification" of juvenile criminal behavior

  Which motivation theory would you use to increase morale

Motivation theories are used to increase employees' overall individual and job satisfaction in the workplace. They may also help to reduce stress and increase morale. Which motivation theory would you use to increase morale and promote productivity..

  Pregnance and wine consumption

This is a follow up question about pregnance and wine consumption. I need to respond to my classmates' forum posts about should women be able to have an occasional glass of red wine during pregnancy.

  Fostering hope presentation

Submit a 7 slide presentation outlining how you can use each suggestion for Fostering hope in your life. Provide specific examples of this. You must include a conclusion slide summarizing how you plan to foster hope from now on.

  Business benefits of erp system

This case relates to Al-Kalili University, an emerging University in Oman, specializing in medical education. The case gives information on the business challenge and the business benefits of the ERP system - Implementation Officer working with Amt..

  Additional sources beyond the course material

You will post a thread of Four Hundred words or more. 3 additional sources beyond the course material (i.e. textbook, readings

  Discussion about a research proposal

Each student will be required to complete the term project, which is a research proposal written in an APA Style. The project should have at least 1000-words.

  Describing how mobility occurs in each

Traditional career paths strictly emphasize upward mobility within an organization. How does mobility differ in organizations with innovative career paths?

  How the quality of patient care will be improved

Clearly state the specific QI objective. Provide a brief description articulating why the QI is important and how the quality of patient care will be improved.

  Describe the united states constitutional foundations

Describe the United States Constitutional foundations for impeaching a president. Discuss the background of the current impeachment inquiry taking place.

  The psychological theories of crime

Which type of justice is most useful based on the psychological theories of crime? For which types of crimes and offenders is it most useful?

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!

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