Question
Betty received a total sum of P42,000 from his employer consisting of the following: *P5,000 reimbursement for employees expenses paid by Betty. *P15,000 payment of
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Betty received a total sum of P42,000 from his employer consisting of the following:
*P5,000 reimbursement for employees expenses paid by Betty.
*P15,000 payment of Betty computer set up purchased by the employer.
*P22,000 monthly salary.
*Betty's computer set cost him P12,000. Compute the total return on capital which can be subjected to income tax.
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Cost Accounting Fundamentals Essential Concepts And Examples
Authors: Steven M. Bragg
3rd Edition
0980069998, 978-0980069990
