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In 2020, Nexes Corporation paid for the monthly rental of the residential house of its branch manager amounting to P360,000. How much is the fringe

In 2020, Nexes Corporation paid for the monthly rental of the residential house of its branch manager amounting to P360,000. How much is the fringe benefit expense for the month? a) 48,000 b) Nil c) 204,000 d) 360,000

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