scholarship? What is the fringe benefits to be paid for the educational An employer transferred one...
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scholarship? What is the fringe benefits to be paid for the educational An employer transferred one of its senior manager to Mindanao Office from Manila. Part of the benefits to be received is housing and educational scholarship amounting to P96,000. The housing provided is owned by the employer and no intention to transfer rights and ownership to the latter. The market value of the housing is P3,500,000; Zonal value is P3,250,000; Depreciable value is P2,750,000 and its assessed value by the City Assessors is P3,000,000. scholarship? What is the fringe benefits to be paid for the educational An employer transferred one of its senior manager to Mindanao Office from Manila. Part of the benefits to be received is housing and educational scholarship amounting to P96,000. The housing provided is owned by the employer and no intention to transfer rights and ownership to the latter. The market value of the housing is P3,500,000; Zonal value is P3,250,000; Depreciable value is P2,750,000 and its assessed value by the City Assessors is P3,000,000.
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Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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