s. Saranghe, a Japanese engineer residing in Seoul Korea, was contracted by onstruction Philippine Corp. to assemble in the Philippines an equipment it bought in apan. She stared the work in the Japan and spent 10 days there. The assembling job w ompleted in the Philippines for another 20 days. She was paid P300,000 for her job. low much was the income from the Philippine source?

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter13: Emerging Topics In Managerial Accounting
Section: Chapter Questions
Problem 48E
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Ms. Saranghe, a Japanese engineer residing in Seoul Korea, was contracted by
Construction Philippine Corp. to assemble in the Philippines an equipment it bought in
Japan. She stared the work in the Japan and spent 10 days there. The assembling job was
completed in the Philippines for another 20 days. She was paid P300,000 for her job.
How much was the income from the Philippine source?
Transcribed Image Text:Ms. Saranghe, a Japanese engineer residing in Seoul Korea, was contracted by Construction Philippine Corp. to assemble in the Philippines an equipment it bought in Japan. She stared the work in the Japan and spent 10 days there. The assembling job was completed in the Philippines for another 20 days. She was paid P300,000 for her job. How much was the income from the Philippine source?
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