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Answer a entry below. Income before bonus and income tax is Php 36,000. Bonus to a partner is 30% and the imcome tax rate is

Answer a entry below.

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Income before bonus and income tax is Php 36,000. Bonus to a partner is 30% and the imcome tax rate is 35%. ( Assume that bonus is not deductible for the income tax purposes) a. Bonus is based on the given income b. Bonus is based on income after bonus c. Banus is based on income before bonus but after income tax. d Bonus is based on income after bonus and after

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