As the new Accountant, you were reviewing the payroll system of the company. You noticed that supplementary compensation is mingled with regular compensation. Which should form of regular compensation? a.Fixed transportation allowance of Php 50.00 per day b. Overtime pay ranging from Php 1,000 to Php 10,000 c. Profit-sharing d. Commission of 5% based on collection

As the new Accountant, you were reviewing the payroll system of the company. You noticed that supplementary compensation is mingled with regular compensation. Which should form of regular compensation? a.Fixed transportation allowance of Php 50.00 per day b. Overtime pay ranging from Php 1,000 to Php 10,000 c. Profit-sharing d. Commission of 5% based on collection

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter3: Taxes On The Financial Statements

Section: Chapter Questions

Problem 3BD

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