A stock dealer sold 5,000 shares directly to the buyer. The details are as follows: Selling price. P800,000 Cost 300,000 Expenses on sale 50,000 Compute the capital gains tax on the transaction. 75,000 67,500 50,000 Zero Answer is 67,500 how was it solved?

A stock dealer sold 5,000 shares directly to the buyer. The details are as follows: Selling price. P800,000 Cost 300,000 Expenses on sale 50,000 Compute the capital gains tax on the transaction. 75,000 67,500 50,000 Zero Answer is 67,500 how was it solved?

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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