Answer Happy

Posted: **Mon Apr 25, 2022 7:31 am**

: Henlin Dormitory Has Total Annual Gross Receipts Of P1 600 000 From The Rent Of Rooms For Residential Purposes Its Oper 1 (19.64 KiB) Viewed 23 times

Henlin Dormitory has total annual gross receipts of P1,600,000 from the rent of rooms for residential purposes. Its operating expenses during the year amounted to P500,000. If the rooms are being rented out at P16,000 per month, how much is the amount of business tax?