What the Output VAT and Input VAT

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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: EM132938115

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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
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