Supercat is a common carrier by sea. During a particular quarter, its receipts consists of the following ( exclusive of taxes): Transport of passengers P2,000,000 Transport of goods 3,000,000...

Supercat is a common carrierby sea.During a particular quarter, its receipts consists of the following ( exclusive of taxes):

Transport of passengers                   P2,000,000
Transport of goods                   3,000,000
Transport of cargoes                   1,500,000
The output VAT and OPT due for the quarter are:

Output Vat OPT Due

Group of answer choices

P780,000 P195,000

P540,000 P0

780,000 P0

P540,000 P60,000

Jun 06, 2022

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Supercat is a common carrier by sea. During a particular quarter, its receipts consists of the following ( exclusive of taxes): Transport of passengers P2,000,000 Transport of goods 3,000,000...

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