CASE 5-5pts Ming Ming was registered under the VAT system on January 1 of the current year. Her records during the month

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Case 5 5pts Ming Ming Was Registered Under The Vat System On January 1 Of The Current Year Her Records During The Month 1 (46.39 KiB) Viewed 91 times

CASE 5-5pts Ming Ming was registered under the VAT system on January 1 of the current year. Her records during the month show: P50,000 Value of inventory as of December of last year purchased from VAT- registered persons VAT paid Value of inventory as of December of last year purchased from non-VAT persons Sales, net of VAT Purchases, net of VAT 5,000 60,000 200,000 70,000 Required: Compute for the VAT payable.