Assume that your company sells pens at 20 pesos each. you
acquire the pens of a supplier with a cost of 8 pesos each
a.if you bought 50,000 pens how much did you paid of VAT
at 16%
b.If you sold the 50,000 notebooks in the first month how much are
you going to deliver VAT to the physical by sale
c. If you sold only 15,000 the first month how much are you going
to deliver to the tax office for the sale?
d.How much will you`d be missing to credit of VAT in future
sales
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