STAR Corporation, a domestic corporation, had the following data: YEAR GROSS INCOME DEDUCTIONS 2016 Php 1,000,000 Php 1,200,000 2017 2,000,000 1,900,000 2018 3,000,000 2,950,000 2019 1,000,000 1,100,000 2020 980,000 500,000 The taxable income in 2020 is:

STAR Corporation, a domestic corporation, had the following data: YEAR GROSS INCOME DEDUCTIONS 2016 Php 1,000,000 Php 1,200,000 2017 2,000,000 1,900,000 2018 3,000,000 2,950,000 2019 1,000,000 1,100,000 2020 980,000 500,000 The taxable income in 2020 is:

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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