Mark Javier is an active partner in the Javier & Dela Rosa partnership, receives an annual bonus of 25% the partnership profit after deducting a bonus. For the year ended, December 31, 2021, partnership income before the bonus amounted to 200,000. The amount of bonus given to Mark Javier for the year 2021 would be? Answer: P______________ Kindly show your solution
Mark Javier is an active partner in the Javier & Dela Rosa partnership, receives an annual bonus of 25% the partnership profit after deducting a bonus. For the year ended, December 31, 2021, partnership income before the bonus amounted to 200,000. The amount of bonus given to Mark Javier for the year 2021 would be? Answer: P______________ Kindly show your solution
Chapter4: Gross Income: Concepts And Inclusions
Section: Chapter Questions
Problem 12DQ
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Question
Mark Javier is an active partner in the Javier & Dela Rosa
partnership profit after deducting a bonus. For the year ended, December 31, 2021, partnership income before
the bonus amounted to 200,000. The amount of bonus given to Mark Javier for the year 2021 would be?
Answer: P______________
Kindly show your solution
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