8. SIncomes $froms Sproperties$ Sin$ $different$ $cities$ SandS $municipalities$ $in$ $the$ $Philippines$ $belonging$ Sto$ Sone$ $individual$, $pay$ $one$ $additional$ $community$ $tax$ Sonly$, $based$ $on$ $the$ $aggregate$ $income$.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Instructions: Write “true" if the statement is true and "false" if
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8. SIncome$ $from$ $properties$ $in$ $different$ $cities$ $and$
Smunicipalities$ $in$ $the$ $Philippines$ $belongingS $to$ $ones
Sindividual$, $pay$ $one$ $additional$ $community$ $tax$ $only$,
$based$ $on$ $the$ $aggregate$ $income$.
Transcribed Image Text:Instructions: Write “true" if the statement is true and "false" if otherwise. 8. SIncome$ $from$ $properties$ $in$ $different$ $cities$ $and$ Smunicipalities$ $in$ $the$ $Philippines$ $belongingS $to$ $ones Sindividual$, $pay$ $one$ $additional$ $community$ $tax$ $only$, $based$ $on$ $the$ $aggregate$ $income$.
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