A, keepers of garage, whose gross receipts in year 2017 totaled P 3,050,000. In year 2018, the total receipts of A amounted to P 4,000,000 with disbursements of operating expenses of P 2,000,000. What is the common carriers tax due from A?

A, keepers of garage, whose gross receipts in year 2017 totaled P 3,050,000. In year 2018, the total receipts of A amounted to P 4,000,000 with disbursements of operating expenses of P 2,000,000. What is the common carriers tax due from A?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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