The capital gains tax payable A. 3,000 B. 3,150 C. 9,000 D. 32,000 Sy

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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17. Narda sold the following shares of stock during the year:
N
Listed and
traded
P210,000
Selling
Price
Cost
Date sold
Listed and
traded
P1,500,000
1,230,000
01-20-23
The capital gains tax payable is
A. 3,000
B. 3,150
C. 9,000
D. 32,000
Not listed
and traded
P630,000
570,000
03-16-23
PA
170,000
11-14-23
Transcribed Image Text:17. Narda sold the following shares of stock during the year: N Listed and traded P210,000 Selling Price Cost Date sold Listed and traded P1,500,000 1,230,000 01-20-23 The capital gains tax payable is A. 3,000 B. 3,150 C. 9,000 D. 32,000 Not listed and traded P630,000 570,000 03-16-23 PA 170,000 11-14-23
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