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Salary of employee [ Choose] Payment/Fee of tax [ Choose ] consultant service for assisting in tax dispute Benefit in kind in [ Choose ] the form of apartment for expatriate working for company > >

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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Question

please choose between decutible and nondeductible expense for each question

Please match the nature of the transactions
below, whether they belong in deductible or
non deductible expense!
Remember: use the point of view of
corporate or individual owning the business,
and the expenses below are the amount of
expense that you will put in the income
statement for the period ended.
Salary of employee
[ Choose ]
Payment/Fee of tax
[ Choose ]
consultant service
for assisting in tax
dispute
Benefit in kind in
[ Choose ]
the form of
apartment for
expatriate working
for company
Canteen for all
[ Choose ]
employees
Mess for
[ Choose ]
employees in
Jakarta

Mess for
[ Choose ]
employees working
in remote area of
Kalimantan
Donation for flood
[ Choose ]
in Pondok Bambu
Entertainment
[ Choose ]
expense
the
form of food and
beverages, listed in
nominative list of
entertainment
Entertainment
[ Choose ]
expense in the
form of spa and
golf not listed in
nominative list of
entertainment
Employee outing
[ Choose ]
and annual dinner

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