19. Mr. Bosun disposed of various stocks at a total consideration of P400,000 and paid thereon stock transactions tax of P2,000. Aggregate gains realized totaled P98,00 after the stock transaction tax. What is the capital gains tax? а. РО О БР4900 О С.Р9,800 O d. P 14,700

19. Mr. Bosun disposed of various stocks at a total consideration of P400,000 and paid thereon stock transactions tax of P2,000. Aggregate gains realized totaled P98,00 after the stock transaction tax. What is the capital gains tax? а. РО О БР4900 О С.Р9,800 O d. P 14,700

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

19. Mr. Bosun disposed of various stocks at a total consideration of
P400,000 and paid thereon stock transactions tax of P2,000. Aggregate
gains realized totaled P98,00 after the stock transaction tax. What is the
capital gains tax? *
а. РО
b. Р 4,900
c. P 9,800
О d.P14,700

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