The book of accounts of San Jose Corporation showed the following data: Fringe benefits tax expense of 53,846 Fringe benefit expense of 400,000 What is the monetary value of fringe benefits given to rank and file employees?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The book of accounts of San Jose Corporation showed the following data:

Fringe benefits tax expense of 53,846

Fringe benefit expense of 400,000

What is the monetary value of fringe benefits given to rank and file employees?

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