A newly VAT registered entity. They are engaged in the sale of their province's locally produced products and they have

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A Newly Vat Registered Entity They Are Engaged In The Sale Of Their Province S Locally Produced Products And They Have 1 (43.08 KiB) Viewed 28 times

A newly VAT registered entity. They are engaged in the sale of their province's locally produced products and they have the following data on its beginning inventory: P 23,000 13,000 30,000 19,000 Dried Mangos Tuyo (fish) Wooden kitchen utensils Indigenous textiles Woven baskets Cultural accessories Wood for cooking Vegetables 31,000 25,000 5,000 10,000 No input VAT was paid on the above inventory. How much is the transitional input VAT? 2,200 3,120 18,720 13,200