How much of the following is subject to consumption tax * Importation by PEZA of goods for activities conducted within PEZA — P4,000,000 * Sale ofgoods by a local merchant to a PEZA registered enterprise — P 200,000 * Sale of by cooperative of its products and services to cooperative members — P 300,000 0 php 200,000 php 300,000 php 4,500,000

How much of the following is subject to consumption tax * Importation by PEZA of goods for activities conducted within PEZA — P4,000,000 * Sale ofgoods by a local merchant to a PEZA registered enterprise — P 200,000 * Sale of by cooperative of its products and services to cooperative members — P 300,000 0 php 200,000 php 300,000 php 4,500,000

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter10: Accounting For Sales And Cash Receipts

Section: Chapter Questions

Problem 1CP

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