E.x.c.l.u.s.i.o.n. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e E.n.u.m.e.r.a.t.e. .t.h.e. .n.o.n.t.a.x.a.b.l.e. .c.o.m.p.e.n.s.a.t.i.o.n. .i.n.c.o.m.e. E.n.u.m.e.r.a.t.e. .t.h..e .n.o.n.t.a.x.a.b.l.e. .o.t.h.e.r. .r.e.c.e.i.p.t.s. A.r.e. .".d.e. .m.i.n.i.m.i.s. b.e.n.e.f.i.t.s.". .p.a.r.t. .o.f. .t.h.e. .1.3.t.h. .m.o.n.t.h. .p.a.y. .a.n.d.. o.t.h.e.r. .b.e.n.e.f.i.t.s. .a.m..ou..n.t.i.n.g. .₱82,000.

E.x.c.l.u.s.i.o.n. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e E.n.u.m.e.r.a.t.e. .t.h.e. .n.o.n.t.a.x.a.b.l.e. .c.o.m.p.e.n.s.a.t.i.o.n. .i.n.c.o.m.e. E.n.u.m.e.r.a.t.e. .t.h..e .n.o.n.t.a.x.a.b.l.e. .o.t.h.e.r. .r.e.c.e.i.p.t.s. A.r.e. .".d.e. .m.i.n.i.m.i.s. b.e.n.e.f.i.t.s.". .p.a.r.t. .o.f. .t.h.e. .1.3.t.h. .m.o.n.t.h. .p.a.y. .a.n.d.. o.t.h.e.r. .b.e.n.e.f.i.t.s. .a.m..ou..n.t.i.n.g. .₱82,000.

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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E.x.c.l.u.s.i.o.n. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e

E.n.u.m.e.r.a.t.e. .t.h.e. .n.o.n.t.a.x.a.b.l.e. .c.o.m.p.e.n.s.a.t.i.o.n. .i.n.c.o.m.e.
E.n.u.m.e.r.a.t.e. .t.h..e .n.o.n.t.a.x.a.b.l.e. .o.t.h.e.r. .r.e.c.e.i.p.t.s.
A.r.e. .".d.e. .m.i.n.i.m.i.s. b.e.n.e.f.i.t.s.". .p.a.r.t. .o.f. .t.h.e. .1.3.t.h. .m.o.n.t.h. .p.a.y. .a.n.d.. o.t.h.e.r. .b.e.n.e.f.i.t.s. .a.m..ou..n.t.i.n.g. .₱82,000.

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