What the Output VAT and Input VAT

Assignment Help Accounting Basics
Reference no: EM132935596

Question - A VAT register person purchase an article from another VAT register person for P280,000 HE sells the same for P420,000. What the Output VAT and Input VAT?

Reference no: EM132935596

Questions Cloud

What amount will ana receive if the net income earned : What amount will Ana receive if the net income earned is P 470,000? Salary allowances as follows: Adah - P 50,000 and Ana - P 80,000.
Examine select number of workforce management practices : Examine a select number (three to five) of workforce management practices.
What are the trends in staffing today : What are the trends in staffing today? Is social media a blessing or a curse for HR? Provide examples.
Discuss the components of a career plateau : Critically discuss the components of a career plateau and how it impacts on an employees' personal goals in the workplace.
What the Output VAT and Input VAT : A VAT register person purchase an article from another VAT register person for P280,000 HE sells the same for P420,000. What the Output VAT and Input VAT
What was the total partnership income for john and paul : If John received P280,000 from partnership income, what was the total partnership income? John and Paul are partners who share profits and losses in the ratio.
Challenges for the hr professional : HR professionals need to be keenly aware of how their employees' actions affect customer relations.
How much was the bonus debited or credited in partner bruce : How much was the bonus debited or credited in partner Bruce's capital account? The partners decide to sell 20 percent of their interest to Violet
What is the amount for the parent portion : PQR company sold equipment with a book value at P72,000 to ABC for P60,000. What is the amount for the parent portion

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.

  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!

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