Azucarera De Papa manufactures refined sugar. It had the following data during the first quarter of 2020: Sale of refined sugar, net of VAT- P 2,000,000 Purchases of sugar cane from farmers used In the manufacture of refined sugar- 500,000 Purchase of packaging materials, inclusive of VAT- 784,000 Purchase of labels, inclusive of VAT- 112,000 Vat Payable is?
Azucarera De Papa manufactures refined sugar. It had the following data during the first quarter of 2020: Sale of refined sugar, net of VAT- P 2,000,000 Purchases of sugar cane from farmers used In the manufacture of refined sugar- 500,000 Purchase of packaging materials, inclusive of VAT- 784,000 Purchase of labels, inclusive of VAT- 112,000 Vat Payable is?
Chapter7: Budgeting
Section: Chapter Questions
Problem 11EB: Gear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase,...
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7. Azucarera De Papa manufactures refined sugar. It had the following data during the first quarter of 2020: Sale of refined sugar, net of VAT- P 2,000,000 Purchases of sugar cane from farmers used In the manufacture of refined sugar- 500,000 Purchase of packaging materials, inclusive of VAT- 784,000 Purchase of labels, inclusive of VAT- 112,000
Vat Payable is?
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