Question
A store manager is receiving a monthly salary of P50,000. His mandatory deduction representing SSS, Pagibig and Philhealth has totaled $30,600 in a year.
A store manager is receiving a monthly salary of P50,000. His mandatory deduction representing SSS, Pagibig and Philhealth has totaled $30,600 in a year. How much would be the amount of income tax due for the year assuming he worked for 12 months? OP 3,880 O P 4,850 OP 72,350 OP 80,000
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
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