Five Senior Citizens, 10 non-senior / non-PWD and 5 PWDs who are also Senior Citizens ordered P20,000 worth of group meal in a restaurant. Assuming the P20,000 amount is net of VAT, how much is the Output VAT?

Five Senior Citizens, 10 non-senior / non-PWD and 5 PWDs who are also Senior Citizens ordered P20,000 worth of group meal in a restaurant. Assuming the P20,000 amount is net of VAT, how much is the Output VAT?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 9EA: Underground Food Store has 4,000 pounds of raw beef nearing its expiration date. Each pound has a...

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