Question
Find the gross proceeds and the net proceeds if the total sales were 2 5 0 7 0 ; agents commision was 5 % and
Find the gross proceeds and the net proceeds if the total sales were ; agents commision was and miscellaneous expenses were .
Computation of Commission : P360,000.00 Total Price Commission Rate : x Less: 5% With/tax : 3% Gross Commission : P 10,800.00 540.00 NET COMMISSION: P 10,260.00
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Step: 1
To find the gross proceeds and net proceeds from the total sales follo...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
