A “sari-sari" store registered as a VAT taxpayer had the following sales. Sales of newspapers P20,000 Sales of fish and meal 30,000 Sales of fruits and vegetables 10,000 Frozen meat 30,000 Sales from snacks and soft drinks 15,000 Sales from general merchandise 80,000 The total taxable sales is. а. PO b. P95,000 С. P115,000 d. P155,000

A “sari-sari" store registered as a VAT taxpayer had the following sales. Sales of newspapers P20,000 Sales of fish and meal 30,000 Sales of fruits and vegetables 10,000 Frozen meat 30,000 Sales from snacks and soft drinks 15,000 Sales from general merchandise 80,000 The total taxable sales is. а. PO b. P95,000 С. P115,000 d. P155,000

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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