??? Julia earned P300,000 in rendering services.His total expenses are 30%. His net income is?

Concept of Total EarningsTotal earnings refer to the total amount of money generated from business…

Answered: Julia earned P300,000 in rendering…

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter9: Deductions: Employee And Self-employed-related Expenses

Section: Chapter Questions

Problem 15CE

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Julia earned P300,000 in rendering services. His total expenses are 30%. His net income is?