A. 77,000 B. 127,000 C. 147,000 D. 153,000 Mayumi, a rank and file, reports the following for
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A. 77,000
B. 127,000
C. 147,000
D. 153,000
Transcribed Image Text:
Mayumi, a rank and file, reports the following for the year 2021: Compensation, net of P77,000 mandatory contributions Supplemental compensation 13th month pay and other benefits De minimis benefits within the ceiling amounts De minimis benefits in excess of the ceiling amounts Fixed transportation and communication allowance How much is the total exclusion from gross income? P300,000 35,000 50,000 20,000 6,000 45,000 Mayumi, a rank and file, reports the following for the year 2021: Compensation, net of P77,000 mandatory contributions Supplemental compensation 13th month pay and other benefits De minimis benefits within the ceiling amounts De minimis benefits in excess of the ceiling amounts Fixed transportation and communication allowance How much is the total exclusion from gross income? P300,000 35,000 50,000 20,000 6,000 45,000
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