a decedent died on nov. 1,2020 leaving a family home composed of the following: conjugal house worth P8,000,000, and the land which he exclusively owned valued at P4,000,000. he also owns a vacation house in baguio worth P7,000,000. the deductible amount of family home is: choices: 19,000,000 12,000,000 8,000,000 10,000,000
a decedent died on nov. 1,2020 leaving a family home composed of the following: conjugal house worth P8,000,000, and the land which he exclusively owned valued at P4,000,000. he also owns a vacation house in baguio worth P7,000,000. the deductible amount of family home is: choices: 19,000,000 12,000,000 8,000,000 10,000,000
Chapter16: Accounting Periods And Methods
Section: Chapter Questions
Problem 39P
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a decedent died on nov. 1,2020 leaving a family home composed of the following: conjugal house worth P8,000,000, and the land which he exclusively owned valued at P4,000,000. he also owns a vacation house in baguio worth P7,000,000. the deductible amount of family home is:
choices:
19,000,000
12,000,000
8,000,000
10,000,000
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