Question: ANSWER THIS BASE ON PHILIPPINE SETTING train law Present a computation of the corporate income tax for the first quarter.Present a computation of the corporate

ANSWER THIS BASE ON PHILIPPINE SETTING train law Present a computation of the corporate income tax for the first quarter.Present a computation of

ANSWER THIS BASE ON PHILIPPINE SETTING train law

income tax and minimum corporate income tax, and creditable income taxes withheld

from rst to fourth quarter, including excess MCD' from prior 1,rears amounting

to P25,000 and excess withholding tax from prior years amounting to P15,000.

Quarter NClT MCD' Withheld Taxes 1 9 03,000.00 9 95,000.00 9 15,000.00

Present a computation of the corporate income tax for the first quarter.Present a computation of the corporate income tax for the second quarter. Present a computation of the corporate income tax for the third quarter.BCPK computed the following normal income tax and minimum corporate income tax, and creditable income taxes withheld from rst to fourth quarter, including excess MCD' from prior 1,rears amounting to P25,000 and excess withholding tax from prior years amounting to P15,000. Quarter NClT MCD' Withheld Taxes 1 9 03,000.00 9 95,000.00 9 15,000.00 2 9 220,000.00 9 100,000.00 9 25,000.00 3 9 250,000.00 9 100,000.00 9 35,000.00 4 9 235,000.00 9 90,000.00 9 32,000.00

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

ANSWER THIS BASE ON PHILIPPINE SETTING Present a computation of the annual corporate income tax.BCPK computed the following normal income tax and minimum corporate income tax, and creditable income...

Refer to the 2013 annual report of JB Hi-Fi Limited on its website, ww.jbhifi.com.au, and answer the following questions: 1. What are the different types of revenues generated by the consolidated...

GUARANTEED LIKE THIS SHOULD BE BETTER Question 3 (10 Points) Dahlgren believes that if Swedish Match moves forward with the transaction it would likely receive a credit rating of BBB by S&P. Do you...

GUARANTEED LIKE this should be better !!! also try zooming in Question 4 (15 Points) Assuming that Dahlgren is correct in that Swedish Match will receive a credit rating of BBB if it moves forward...

I want to have the individual assignment essay answerddddd For personal use only JB Hi-Fi Limited Annual Report 2013 2013 ANNUAL REPORT jbhifi.com.au CORPORATE INFORMATION ABN 80 093 220 136...

What are the different types of revenues generated by the consolidated group?How are the group?s assets classified?What are the major categories listed among the group?s equity? Have there been any...

I want to have the individual assignment essay answerddddd For personal use only JB Hi-Fi Limited Annual Report 2013 2013 ANNUAL REPORT jbhifi.com.au CORPORATE INFORMATION ABN 80 093 220 136...

GUARANTEED LIKE Question 5 (15 Points) Assuming that Dahlgren is correct in that Swedish Match will receive a credit rating of BBB if it moves forward with the transaction. Answer the following: What...

What are the pros and cons of relying on project finance, versus internally generated funds? What other sources of financing can they find? What are the risks: currency, country, project, future...

Trace the changes that take place in a flower from gamete formation to fruit formation.

The pioneers referred to in the last question found that a large tub of water placed in a storage cellar would prevent their food from freezing on really cold nights. Explain why this is so.

The percentage p ( t ) of children who can speak in at least single words by the age of t months can be approximated by the following equation. p ( t ) = 1 0 0 1 1 0 , 2 0 0 t 4 . 3 8 ( t 8 . 5 )...

The following information pertains to Vladamir, Inc., for last year: Beginning inventory, units.......................................................1,320 Units...

Agee Corp. acquired a 25% interest in Trent Co. on January 1, 2010, for $500,000. At that time, Trent had 1,000,000 shares of its $1 par common stock issued and outstanding. During 2010, Trent paid...

You are provided with the following information for Najera Inc. for the month ended June 30, 2019. Najera uses the periodic method for inventory. Instructions (a) Calculate (i) ending inventory ,...

Roberto has received various gifts over the years. He has decided to dispose of the following assets he received as gifts: a. In 1951, he received land worth $32,000. The donor's adjusted basis was...

Hamids Hardware reported cost of goods sold as follows. Hamids made two errors: (1) 2013 ending inventory was overstated $3,000, and (2) 2014 ending inventory was understated $6,000. Instructions...

What is the primary difference between supervised and unsupervised learning? What is the primary difference between supervised and unsupervised learning? Supervised learning works with unlabeled...

8. Give an example of how the scarcity principle can be used to influence others.

2. A Soviet invasion of Poland would lead to the severing of diplomatic relations between the United States and the Soviet Union.

1. Diplomatic relations between the United States and the Soviet Union would be severed in 1993 than that