How much is the gross estate under Conjugal Partnership of Gains?* Mr. J. Chavez died leaving the following properties: Rest house in Cebu, acquired before marriage Income from rest house in Cebu Condominium in Davao, brought to marriage by the wife Income from condominium in Davao Town house in Quezon City, acquired during marriage Income from the town house in Quezon City Car, inherited by the wife during marriage (the decedent provided in his Will that it shall form part of the common properties of the spouses) Jewelry, acquired during marriage for the exclusive use of the wife P6,000,000 600,000 3,600,00 360,000 10,500,000 1,050,000 1,300,000 200,000
How much is the gross estate under Conjugal Partnership of Gains?* Mr. J. Chavez died leaving the following properties: Rest house in Cebu, acquired before marriage Income from rest house in Cebu Condominium in Davao, brought to marriage by the wife Income from condominium in Davao Town house in Quezon City, acquired during marriage Income from the town house in Quezon City Car, inherited by the wife during marriage (the decedent provided in his Will that it shall form part of the common properties of the spouses) Jewelry, acquired during marriage for the exclusive use of the wife P6,000,000 600,000 3,600,00 360,000 10,500,000 1,050,000 1,300,000 200,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
How much is the gross estate under Conjugal
P12,510,000
P18,510,000
P22,310,000
P23,610,000
Transcribed Image Text:How much is the gross estate under Conjugal Partnership of Gains? *
Mr. J. Chavez died leaving the following properties:
Rest house in Cebu, acquired before marriage
Income from rest house in Cebu
Condominium in Davao, brought to marriage by the
P6,000,000
600,000
3,600,00
wife
Income from condominium in Davao
360,000
Town house in Quezon City, acquired during
marriage
Income from the town house in Quezon City
Car, inherited by the wife during marriage (the
decedent provided in his Will that it shall form part of
the common properties of the spouses)
Jewelry, acquired during marriage for the exclusive
use of the wife
10,500,000
1,050,000
1,300,000
200,000
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