1. J. Santos promoted featuring Manny amounted tO P3,000,000 and additional receipts from TV coverage was P2,000,000. How much was the amusement/percentage tax due? а. Р750,000 world boxing championship in Filipino champion. a Manila Hakot, Gate receipts a b. P500,000 с. Р300,000 d. none

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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philippine accounting

1. J.
Santos promoted
featuring
amounted tO P3,000,000 and additional receipts from TV coverage
was P2,000,000. How much was the amusement/percentage tax due?
а. Р750,000
world boxing championship in
Filipino champion.
a
Manila
Manny
Hakot,
Gate
receipts
a
b. P500,000
с. Р300,000
d. none
Transcribed Image Text:1. J. Santos promoted featuring amounted tO P3,000,000 and additional receipts from TV coverage was P2,000,000. How much was the amusement/percentage tax due? а. Р750,000 world boxing championship in Filipino champion. a Manila Manny Hakot, Gate receipts a b. P500,000 с. Р300,000 d. none
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