Lola Tinidora, 63 years old, was treated by her grandchildren Alden,Allen, and Ellen to Max's restaurant during the grandparent's day andtheir total bill is P2,240. How much is the discount on senior citizen?How much is the VAT?a. P240b. P180c. P100d. P60

According to Republic Act No.9994, Senior citizens are resident citizens of Philippines who have…

Answered: Lola Tinidora, 63 years old, was…

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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Lola Tinidora, 63 years old, was treated by her grandchildren Alden, Allen, and Ellen to Max's restaurant during the grandparent's day and their total bill is P2,240. How much is the discount on senior citizen? How much is the VAT?