28. Yvonne i s an employee of Goldfish Company which closed its business during the year Yvonne's last paycheck shows the following details: Unpaid salary in the last two months P 30,000 Current month salary Separation pay Total pay 15,000 100,000 P 145,000 Which of the following will be included in the gross income subject to regular income tax a. P 145,000 О Б.Р45,000 О с.Р 100,000 О d.Р30,000

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter15: Taxing Business Income
Section: Chapter Questions
Problem 33P
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28. Yvonne i s an employee of Goldfish Company which closed its business during the year
Yvonne's last paycheck shows the following details:
Unpaid salary in the last two months P 30,000
Current month salary
Separation pay
Total pay
15,000
100,000
P 145,000
Which of the following will be included in the gross income subject to regular income tax
a. P 145,000
О Б.Р45,000
О с.Р 100,000
O d. P 30,000
Transcribed Image Text:28. Yvonne i s an employee of Goldfish Company which closed its business during the year Yvonne's last paycheck shows the following details: Unpaid salary in the last two months P 30,000 Current month salary Separation pay Total pay 15,000 100,000 P 145,000 Which of the following will be included in the gross income subject to regular income tax a. P 145,000 О Б.Р45,000 О с.Р 100,000 O d. P 30,000
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