Enid paid the gross payroll of P15,000. The deductions are: withholding tax, P1,000 and SSS, P500. The asset of E is decreased by: A.15,000 B. P16,500 C. P13,500 D. P14,500
Enid paid the gross payroll of P15,000. The deductions are: withholding tax, P1,000 and SSS, P500. The asset of E is decreased by: A.15,000 B. P16,500 C. P13,500 D. P14,500
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter12: Corporations: Organization, Capital Structure, And Operating Rules
Section: Chapter Questions
Problem 42P
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Question
Enid paid the gross payroll of P15,000. The deductions are: withholding tax, P1,000 and SSS, P500. The asset of E is decreased by:
A.15,000
B. P16,500
C. P13,500
D. P14,500
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