Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mr. Ali is a Jordanian resident natural person , who started his job as a general manager at one of the commercial companies on 1/4/2019

Mr. Ali is a Jordanian resident natural person , who started his job as a general manager at one of the commercial companies on 1/4/2019 . His total monthly salary is JD 30,000 , and the company also paid him an additional thirteenth salary plus an annual bonus of JD 40,000 also the company provided to him accommodation services at workplace , the Monthly cost equals 200 JOD . His wife is resident and working , and he paid JD 2,800 as a university tuition ( educational fees for his son . Note that , his rent expense for 2019 is JD 18,000 , also he donated JD 25,000 to a governmental organization and 80,000 JOD for a non - governmental organization which is approved by the council of ministers . image text in transcribed
image text in transcribed
Question Completion Status: Save and Submit -> Click Submit to complete this assessment Sesion aestion 5 Mr. Ali is a Jordanian resident natural person, who started his job as a general manager at one of the commercial companies on 1/12019. His total monthly calur D 10.000, and that company also paid him an additional thirteenth salary plus an annual bonus of JD 40,000, also the company provided to him accommodation service workplace, the Monthly cost equals 200 JOD. His wife is resident and working, and he paid ID 2,800 as a university tuition educational fees for his son Note that, hit rent oxpense for 2019 is JD 18,000, also he donated JD 25,000 to a governmental organization und 80,000 JOD for a non-governmental organization which is approved by the council of ministers Instructions Answer the following Questions? 1. The total of taxable income sources in 2019 is? A.430,200 1 342,200 C.340,000 D. None of the above 2 The total of greated exemption is? A. 21.000 B 30,000 C10,000 D. None of the above Tamanho ING i 1 2 3 5 2. The total or granted exemptions is? A. 21.000 B. 20,000 C. 10,000 D. None of the above 3. The amount that is deducted as a donation to non-governmental organization is? A. 76,000 B. 80.000 C. 25,000 D. None of the above 4. The amount of taxable income after donating to non-governmental organization is? A. 304.000 B. 384,000 C. 228.000 D. None of the above 5. The amount of tax Due is? A. 73,500 B.93.500 C. 54,500 D. None of the above 6. The amount of taxpayer's Contribution for the NCA Account is? A 280 B 1040 C 1840 D. None of the above cck Submit to Question Completion Status: Save and Submit -> Click Submit to complete this assessment Sesion aestion 5 Mr. Ali is a Jordanian resident natural person, who started his job as a general manager at one of the commercial companies on 1/12019. His total monthly calur D 10.000, and that company also paid him an additional thirteenth salary plus an annual bonus of JD 40,000, also the company provided to him accommodation service workplace, the Monthly cost equals 200 JOD. His wife is resident and working, and he paid ID 2,800 as a university tuition educational fees for his son Note that, hit rent oxpense for 2019 is JD 18,000, also he donated JD 25,000 to a governmental organization und 80,000 JOD for a non-governmental organization which is approved by the council of ministers Instructions Answer the following Questions? 1. The total of taxable income sources in 2019 is? A.430,200 1 342,200 C.340,000 D. None of the above 2 The total of greated exemption is? A. 21.000 B 30,000 C10,000 D. None of the above Tamanho ING i 1 2 3 5 2. The total or granted exemptions is? A. 21.000 B. 20,000 C. 10,000 D. None of the above 3. The amount that is deducted as a donation to non-governmental organization is? A. 76,000 B. 80.000 C. 25,000 D. None of the above 4. The amount of taxable income after donating to non-governmental organization is? A. 304.000 B. 384,000 C. 228.000 D. None of the above 5. The amount of tax Due is? A. 73,500 B.93.500 C. 54,500 D. None of the above 6. The amount of taxpayer's Contribution for the NCA Account is? A 280 B 1040 C 1840 D. None of the above cck Submit to

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Financial Management

Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow

11th Edition

0324653506, 978-0324653502

More Books

Students also viewed these Finance questions

Question

What is your least favorite U.S. dialect? Why?

Answered: 1 week ago