Calculate Mr Bryan's gross income from employment for the Year of Assessment 2021.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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3- Mr Bryan has been working as an engineer with Rentak Sdn Bhd since 2007. For the
year 2021, he received the following income:
Salary
Travelling allowance
Bonus
RM 6,000 per month (gross)
RM 500 per month
RM 12,000
A fully furnished living accommodation was provided (commencing from 1 April, 2021,
defined value RM 32,000 per annum including value of furniture RM600 per annum).
Calculate Mr Bryan's gross income from employment for the Year of
Assessment 2021.
Transcribed Image Text:3- Mr Bryan has been working as an engineer with Rentak Sdn Bhd since 2007. For the year 2021, he received the following income: Salary Travelling allowance Bonus RM 6,000 per month (gross) RM 500 per month RM 12,000 A fully furnished living accommodation was provided (commencing from 1 April, 2021, defined value RM 32,000 per annum including value of furniture RM600 per annum). Calculate Mr Bryan's gross income from employment for the Year of Assessment 2021.
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