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

See similar textbooks

Similar questions

T.o.p.i.c.:. .D.e.d.u.c.t.i.o.n.s. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e. C.a.n. .a. .h.u.s.b.a.n.d. .c.l.a.i.m. .O.S.D. .w.h.i.l.e. .t.h.e. .w.i.f.e. .c.l.a..i.m. .i.t.e.m.i.z.e.d. .d.e.d.u.c.t.i.o.n.s. .(.v.i.s.e. .v.e.r.s.a.). .i.n. .t.h.e.i.r. .c.o.n.s.o.l.i.d.a.t.e.d. .I.T.R.?. .J.u.s.t.i.f.y. .y.o.u.r. .a.n.s.w.e.r.. D.e.f.i.n.e. .".i.t.e.m.i.z.e.d. .d.e.d.u.c.t.i.o.n.s." E.n.u.m.e.r.a.t.e. .t.h.e. .i.n.c.o.m.e.s. .t.h.a.t. .a.r.e. .g.r.a.n.t.e.d. .w.i.t.h. .a.l.l.o.w.a.b.l.e. .i.t.e.m.i.z.e.d. .d.e.d.u.c.t.i.o.n.s.. W.h.a.t. .i.s. .a. .".g.e.n.e.r.a.l. .b.u.s.i.n.e.s.s. .e.x.p.e.n.s.e.".?
are generally used to train and educate association members. O A. Committee meetings O B. Annual conventions O C. Seminars and workshops D. Conferences
***Please provide new ans*** Why would a company choose to classify a security as “trading” rather than “available for sale”? Who would be responsible for determining the classification?
T.o.p.i.c.:. .A.L.L.O.W.E.D. .D.E.D.U.C.T.I.O.N.S. .-. .I.n.c.o.m.e. .T.a.x.a.t.i.o.n. .P.h.i.l.i.p.p.i.n.e. .b.a.s.e.d. M.a.k.e. .a .d.e.t.a.i.l.e.d. .e.x.p.l.a.n.a.t.i.o.n. .a.b.o.u.t. .t.h.e. .f.o.l.l.o.w.i.n.g.:. I.t.e.m.i.z.e.d. .d.e.d.u.c.t.i.o.n.s C.h.a.r.i.t.a.b.l.e. .a.n.d. .o.t.h.e.r. .c.o.n.t.r.i.b.u.t.i.o.n.s, R.e.s.e.a.r.c.h. .a.n.d. .d.e.v.e.l.o.p.m.e.n.t., P.e.n.s.i.o.n. .t.r.u.s.t., P.r.e.m.i.u.m. .p.a.y.m.e.n.t.s. .o..n .h.e.a.l.t.h. ..a.n.d../.o.r. H.o.s.p.i.t.a.l.i.z.a.t.i.o.n. .i.n.s.u..r.a.n.c.e. O.p.t.i.o.n.a.l. ..S.t.a.n.d.a..rd.. .D.e.d.u.c.t.i.o.n.s I.t.e.m.s. .n.o.t. .d.e.d.u.c.t.i.b.l.e
S.e.e. .t.h.e. .a.t.t.a.c.h. .p.i.c.t.u.r.e. .b.e.l.o.w. .a.n.d. .E.x.p.l.a.i.n. .t.h.e. .s.t.a.t.e.m.e.n.t. .o.f. i.n.c.o.m.e. .b.e.l.o.w.
D.e.d.u.c.t.i.o.n.s. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e. N.o.t.e.:. .I.n.c.o.m.e. .t.a.x.a.t.i.o.n. .-. .P.h.i.l.i.p.p.i.n.e.s. .b.a.s.e.d D.e.f.i.n.e. .".b.u.s.i.n.e.s..s ..e.x.p.e.n.s.e.s...".?. .D.i.f.f.e.r.e.n.t.i.a.t..e. .t.he. ..a.l.l.o.w.a.b.l.e. O.S.D. .f.o.r. .i.n.d.i.v.i.d.u.a.l. .f.r.o..m .t.h.a.t. .o.f. .t.h.e. .c.o.r.p.o.r.a.t.i.o.n. E.n.u.m.e.r.a.t.e. .t.h.e. .t.a.x.p.a.y.e.r.s. .t.h.a.t. .a.r.e. .a.l.l.o.w.e.d .t.o. .d.e.d.u.c.t. .O.S.D. C.a.n. .a. .h..u.s.b.a.n.d. .c.l.a..i.m .O.S.D. ..w.h.i.le. .t.h.e. .w.i.f.e.. .cl.a.i.m.. i.t.e.m.i.z.e.d. .d.e.d..u.c.t.i.o.n.s. .(.v.i.s.e.. .v.e.r.s.a.). .i.n. .t.h.e.i.r.. c.o.n.s.o.l.i.d.a.t..ed. .I.T.R.?.. .J.u.s.t.i.f.y. .y.o.u.r. .a.n.s..w.e.r. D.e.f.i.n.e. ."..i.t.e.m.i.z.e.d. .d.e.d.u.c.t..i.o.n.s..".?.. E.n.u.m.e.r.a.t.e. .t.h.e. .i.n.c.o.m.e.s. .t.h.a.t. .a.r.e. .g.r.a.n.t.e.d. .w.i.t.h. .a.l.l.o.w.a.b.l.e. .i.t.e.m.i.z.e.d. .d.e.d.u.c.t.i.o.n.s. W.h.a.t. .i.s. .a. .".g.e.n.e.r.a.l. .b.u.s.i.n.e.s.s. .e.x.p.e.n.s.e.s.".?.…
Government supply the electricity and collected charges is under the control of activities ............. Select one: a. Government type b. Sales type c. Fiduciary type d. Business type
O.f. .t.h.e. .d.i.f.f.e.r.e.n.t. .t.y.p.e.s. .o.f. .c.r.e.d.i.t. .c.a.r.d.s. .i.n. .t.h.e. .P.h.i.l.i.p.p.i.n.e.s. .y.o.u. .g.a.v.e.,. B.D.O. .i.s. .y.o.u.r. .c.h.o.i.c.e. .a.s. .t.h.e. .b.e.s.t. .c.r.e.d.i.t. .c.a.r.d... .G.i.v.e. .a. .r.e.f.l.e.c.t.i.v.e. .j.o.u.r.n.a.l. .o.f. .w.h.y. .i.t. .i.s. .t.h.e. .b.e.s.t. .c.r.e.d.i.t. .c.a.r.d.,. .i.n.c.l.u.d.i.n.g. .t.h.e. .b.e.n.e.f.i.t.s.,. .a.n.d. .g.i.v.e. .t.h.e. .e.x.a.m.p.l.e.
D.e.d.u.c.t.i.o.n.s. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e. N.o.t.e.:. .I.n.c.o.m.e. .t.a.x.a.t.i.o.n. .-. .P.h.i.l.i.p.p.i.n.e.s. .b.a.s.e.d A.r.e. .a.l.l. .o.r.d.i.n.a.r.y. .e.x.p.e.n.s.e.s. .n.e.c.e.s.s.a.r.y.?. .W.h.e.n. .i.s. .s.a.l.a.r.y. .e.x.p.e.n.s.e .d.e.d.u.c.t.i.b.l.e.? I.s. .c.o.m.p.e.n.s.a.t.i.o.n.. f.o..r .i.n.j.u.r.i.e.s. .a.n.d. .p.e.n.s.i.o.n.s. d.e.d.u.c.t.i.b.l.e.. f.r.o.m. .b.u.s.i.n.e.s.s. .i.n.c.o.m.e. .o.f. .p.a.y.o.r.? W.h.a.t. .a.r.e. .t.h.e. ..t.a.x. .t.r.e.a.t.m.e.n.t.s. .i.f. .m.a.t.e.r.i.a.l.s. .a.n.d. .s.u.p.p.l.i.e.s. .a.r.e. .u.s.e.d. .d.i.r.e.c.t.l.y. .a.n.d. .i.n.d.i.r.e.c.t.l.y. .i.n. .p.r.o.d.u.c.i.n.g. .p.r.o.d.u.c.t.s.? S.t.a.t.e. .t.h.e. .r.u.l.e.s. .o.n. .t.h.e. .d.e.d.u.c.t.i.b.i.l.i.t.y. .o.f. .r.e.n..t .e.x.p.e.n.s.e.s. .a..re. .p.a.i.d. .u.n.d.e.r. .a.c.c.r.u.a.l. .a.n.d. .u.n.d.e.r. .c.a.s.h. .m.e.t.h.o.d. S.t.a.t.e. .t.h.e. .c.e.i.l.i.n.g.s. .f.o.r. .d.e.d.u.c.t.i.b.l.e. .r.e.p.r.e.s.e.n.t.a.t.i.o.n. .e.x.p.e.n.s.e.s.?. .E.x.p.l.a.i.n.…
E.v.a.l.u.a.t.e. .a.n.d. .e.x.p.l.a.i.n. .t.h.e. .s.t.a.t.e.m.e.n.t. .o.f. .f.i.n.a.n.c.i.a.l. .p.o.s.i.t.i.o.n. .b.e.l.o.w.
S.e.e. .t.h.e. .a.t.t.a.c.h.e.d. .p.i.c.t.u.r.e. .b.e.l.o.w.,. .o.n.l.y. .e.x.p.l.a.i.n.e.d. .t.h.e. .h.i.g.h. .p.e.r.c.e.n.t.a.g.e.s. .a.n.d. .a.l.s.o. .e.x.p.l.a.i.n.e.d. .t.h.e. .e.f.f.e.c.t. .o.f. .i.t.,. .i.t. .i.s. .g.o.o.d. .o.r. .b.a.d. .f.o.r. .a. .c.o.m.p.a.n.y M.a.k.e. .a. .s.h.o.r.t. .r.e.c.o.m.m.e.n.d.a.t.i.o.n
savita