User Account

All Pages

How much is the fringe benefit expense for the month

Assignment Help Accounting Basics
Reference no: EM132919402

Question - Lucky Corporation paid for the monthly rental of the residential house of its branch manager amounting to P204,000.

1. How much is the fringe benefit expense for the month?

2. How much is the fringe benefits tax for the month?

3. How much is the total allowable deduction from business income of Lucky Corporation?

Reference no: EM132919402

Questions Cloud

Assumptions of the rational decision model : Do you agree with the assumptions of the rational decision model? Why or why not?
Estimate the percentage change in the price of the bond : Use the modified duration and modified convexity to estimate the percentage change in the price of the bond with a 55 basis point per annum increase in yield
Time between two unplanned shutdowns : The time between unplanned shutdowns of a power plant has an exponential distribution with a mean of 15 days.
What is the price value of a basis point : Question - What is the price value of a basis point for a 4% two-year Australian government bond with yield of 5.7%
How much is the fringe benefit expense for the month : Lucky Corporation paid for the monthly rental of the residential house of its branch manager amounting to P204,000. How much is the fringe benefit expense
Conduct performance evaluation for the model : Conduct performance evaluation for the model and make conclusions - Build a Lasso regression model to predict life expectancy (the ‘life column)
Post the transactions for the general ledger accounts : Issued Cheque 1013 for $164 to pay for March advertisements in the local newspaper. Post the transactions for the general ledger accounts
How much will you pay each month : How much will you pay each month assuming you receive a thirty year mortgage? Over the life of your loan, how much in total will you pay the lender
Organs to carry out absorptive process : Explain why the small intestine is better suited than the other GI tract organs to carry out the absorptive process

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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