The following data may be relevant in establishing the net income of Mr. Masinloc:000.2194.to apose 91 101 moltot2019 20202021 eNet income (loss) before dealings P20,000 (P 70,000) P 120,00000Capital gain 2019 26w oulsy istane 30,000 019 15,000 234,0000Capital loss 0119 bns ,000,0$19 to 29052,000 vs 18,00000 bris nossquarbs to stab orbWhat is the net capital gain or loss in 2021?P11,000 baviso 29b. P 31,000a.C. P 34,000d. P 9,00009:999.2017grs to aand x3 9 WTegnerbxs ont ai boxingoosn000.059.000.0515

Net Capital Gain on 2021 ₱ 11,000 (A)

to abose 91 101 noltotoo n 2019 2020 20210 Net income (loss) before dealings P 20,000 (P 70,000) P 120,000 Capital gain 019 zaw oulsy let a Capital loss 0119 bns,000,0$19 ned 30,000 019 15,000 29052,000 34,000 18,000 What is the net capital gain or loss in 2021? P11,000 bavis P 31,000 & c. P 34,0000 gri d. P 9,000 h ne net income of Mr. Masinloc: Segnerba tab or 3pdW

to abose 91 101 noltotoo n 2019 2020 20210 Net income (loss) before dealings P 20,000 (P 70,000) P 120,000 Capital gain 019 zaw oulsy let a Capital loss 0119 bns,000,0$19 ned 30,000 019 15,000 29052,000 34,000 18,000 What is the net capital gain or loss in 2021? P11,000 bavis P 31,000 & c. P 34,0000 gri d. P 9,000 h ne net income of Mr. Masinloc: Segnerba tab or 3pdW

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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