User Account

All Pages

How much final tax should be withheld from the prize

Assignment Help Financial Accounting
Reference no: EM132711325

Problem 1: Ms. Matti won a gold medal and P50, 000 cash prize for chess competition in the Palarong Pambansa. How much final tax should be withheld from the prize?

a. P 20, 000

b. P 10, 000

c. P 5, 000

d. P 0

Reference no: EM132711325

Questions Cloud

How high is your motivation to seek types of career choices : Search the job search sites like monster.com, careerbuilder.com, and so forth. Find at least five job postings for data scientist. Identify the key.
How much shall tiong sang withhold from the grand prize : How much shall Tiong Sang withhold from the grand prize? Tiong Sang Department Store conducted a sales promotion where customer purchases exceeding
Therapy available for treatment of the disorder : Discuss therapy available for treatment of the disorder. Does the therapy treat the symptoms or the metabolic nature of the disease? Explain
Analyzing the data to your future professional practice : How you plan to apply what you learned about administering the assessment and analyzing the data to your future professional practice.
How much final tax should be withheld from the prize : Ms. Matti won a gold medal and P50, 000 cash prize for chess competition in the Palarong Pambansa. How much final tax should be withheld from the prize?
How much is the capital gains tax on the sale : The par value of stocks is P30 per share. Thirty days after, Mitch sold the stocks at P65 per share. How much is the capital gains tax on the sale
Find how much final tax will be withheld : Mr. Conrado won the P50,000,000 6/49 Superlotto Jackpot of the Philippine Charity Sweepstakes Office. How much final tax will be withheld?
Which reptile subgroup is considered extinct : Which reptile subgroup is considered extinct?
What is the phenotype ratio of the offspring : What is the genotypic ratio of the offspring? What is the phenotype ratio of the offspring?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd