Problem 9 Z co. is a manufacturer of corn and vegetable cooking oils. It had...
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Accounting
Problem 9 Z co. is a manufacturer of corn and vegetable cooking oils. It had the following data in a month. VAT not included: Sales P900,000 Purchases from farmers: Of corns P200,000 Of vegetables P220,000 Purchases from VAT suppliers: of paper labels P5,000 Others P500 Purchases of plastic containers from VAT suppliers P40,000 Purchases of machine parts from non-vat supplier P80,000 How much was the value-added tax payable for the month
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