6. In the immediately preceding problem, compute the output VAT assuming the sale is made by a non-VAT seller. a. P0 b.

P6
de by a non-VAT seller. a. P0 b. P600 c. P6,250 d. P6,720 Note: Non-VAT sellers billing VAT are nevertheless subject to VAT. 7. A VAT taxpa
ess subject to VAT. 7. A VAT taxpayer had the following invoiced sales during the first quarter 2020: January 280,000 February 347,200 M
uary 280,000 February 347,200 March 313,600 What is the reportable output Vat respectively in January, February and March? a. P33,600
y, February and March? a. P33,600; P41,664; P37,632 b. P33,600; P41,664; P112,896 c. P30,000; P37,200; P33,600 d. P30,000; P37,200; P
0; P33,600 d. P30,000; P37,200; P100,800 Note: Monthly, monthly, and quarterly. 8. A real property dealer sold an agricultural lot for P2,
aler sold an agricultural lot for P2,500,000 with the following values: Appraisal value 3,000,000 Zonal value 2,000,000 Assessed value 1,50
ue 2,000,000 Assessed value 1,500,000 Compute the output VAT. a. P180,000 b. P240,000 c. P300,000 d. P360,000 Note: June is end of s
d. P360,000 Note: June is end of second quarter, July and August are months of third quarter, hence, monthly reporting applies. 9. A VAT-
onthly reporting applies. 9. A VAT-registered building contractor who reports under the calendar year basis had the fol
sis had the fol