An employer gave an educational assisstance to one of its managers amounting P78,000 that is seen to benefit the company's growth.
An employer gave an educational assisstance to one of its managers amounting P78,000 that is seen to benefit the company's growth.
Chapter18: Accounting Periods And Methods
Section: Chapter Questions
Problem 29CE
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Problem:
An employer gave an educational assisstance to one of its managers amounting P78,000 that is seen to benefit the company's growth.
Requirement:
Justify whether it can be claim as a deduction or not.
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