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Pleasee okay if no explanation For #s 29-32, NAM DOSAN had a net income of 875,000. Depreciation expense=P350,000 (30% to office); Rent expense=P500,000 (40% to

Pleasee okay if no explanation

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For #s 29-32, NAM DOSAN had a net income of 875,000. Depreciation expense=P350,000 (30% to office); Rent expense=P500,000 (40% to store); Advertising expense=P200,000; Allowance for Bad debts=P15,000; Bad debts expense=P5,000; Utilities Expense=P100,000 (60% to office); Freight in=P50,000; Freight out=P10,000; and interest expense=P17,500. Gross profit rate is 25%, while tax rate was 30%. Q32: How much is NAM DOSAN's General & Administrative Expenses? A P 487,500 B P 485,000 C P 480,000 D P 470,000 bagring P24506: Les, Capital Janding F31,504, Lee, Withdrawal, 13,501 Question 30 1 Paint For as 29-32, NAM DOSAN had a net income of 875,006. Depredation expense P350.000 (30% to officel: Rent expense=P500.000/40% to store!: Advertising expense-P208009: Allowance for Bad debts P15, Don Bad dubis expend 05 000; Utilities Expense P100,000 (GOM to officer Freight in P50,000; Question 34 1 Paint Freight out P10 00% and Interest expense P1 7, 500. On December 31. 2019. WEHYUNGIE has a note payable to JUNGROOK amounting ba P1,503.000 which is due on April 1. 2020. On the same day. Gross profit race is 25%6, while tax rate was 30%6. DUH-YUNGIF has an unconsignal right to deter payrent until March 31, 2021 arid such night was duly carried on December 57, 2019. THEHYUNGIE Q301: How much is NAM DOSAN's Earrings (Net Incomet before Interest and Tax? Immediately reserved cash for the pryoren: of the note which was not legally appropriated by TAEHYUNGIN myof December 31. 2019, Which & TRUEr (AP 2,916,656.67 (( ) Cuh and NIP are nan-current P 1,256,050 NP is current. Cash is nan-current F 1.217,500 Cash and NIP are current "nil cash laurent MIPis monument D P 2699,156.57

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