User Account

All Pages

How much is the vanishing deduction

Assignment Help Accounting Basics
Reference no: EM132886687

Question - A citizen and resident of the Philippines, died on October 10, 2015, leaving the following properties, rights, obligations and charges:

Conjugal properties (including a family home of P3,000,000 and amount receivable

Under RA 4917 of P200,000) P6,000,000

Exclusive properties (including cash of P500,000 inherited 4 ½ years ago) 4,000,000

Medical expenses unpaid, January 2015 600,000

Funeral expenses 350,000

Judicial expenses 500,000

Other obligations 100,000

Required - How much is the vanishing deduction?

Reference no: EM132886687

Questions Cloud

What are the president powers : What are the key components of the executive branch? What are the requirements to be President? What are the President's powers? What are the origins?
What are the requirements to run for congress : What are the powers bestowed upon the legislative branch by the Constitution? What are the requirements to run for Congress? How does a bill become a law?
What is flow of china fdi into your country : Using data from the most recent year, what is the flow of China's FDI into your country? What is the stock of China's in your country?
What are some policy successes of each party : What are examples of similarities and differences between the parties? How has party membership changed over time? What are some policy successes of each party?
How much is the vanishing deduction : Conjugal properties (including a family home of P3,000,000 and amount receivable. How much is the vanishing deduction
What are the different forms of media : What are the different forms of media? Which forms are most powerful? Provide data to back your position How has media changed over time?
Understand economic environment : Why is it vital for business managers to understand the economic environment?
What is the depreciation for year : If Joe's Company decides to use straight-line depreciation, what is the depreciation for year 1 and year 2? Provide the journal entry for each year
Discuss legislation the groups helped influence : Examine the membership and benefits of groups. Provide data on how much groups contribute to politicians. Discuss legislation the groups helped influence

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