Mr. Uno had the following records of his horse races in the current month of 20X1: Туре of Cost of Horse Gross winnings winnings Winnings A Trifecta P90,000 P40,000 Ordinary 250,000 50,000 Double 50,000 10,000 D Ordinary 175,000 25,000 How much percentage taxes were paid by Mr. Uno?__

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Mr. Uno had the following records of his horse races in the current month of 20X1:
Туре of
Cost of
Horse
Gross winnings
winnings
Winnings
A
Trifecta
P90,000
P40,000
Ordinary
250,000
50,000
Double
50,000
10,000
D
Ordinary
175,000
25,000
How much percentage taxes were paid by Mr. Uno?__
Transcribed Image Text:Mr. Uno had the following records of his horse races in the current month of 20X1: Туре of Cost of Horse Gross winnings winnings Winnings A Trifecta P90,000 P40,000 Ordinary 250,000 50,000 Double 50,000 10,000 D Ordinary 175,000 25,000 How much percentage taxes were paid by Mr. Uno?__
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