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Question - AN JOSE, Filipino, is a donor residing in RUSSIA. Last year (2017), he donated to a friend a ring worth P 20,000. In July 2018, he donated to his brother a property located in ICELAND worth P 350,000 with related deduction amounting to P 25,000. In Feb 2018, he donated to a property to his sister situated in BASILAN, PHILIPPINES worth P 400,000. What is the donors tax still due on July 2018?
Product 66 has a cost of $132, a replacement cost of $125, a net realizable value of $130, What is the final lower-of-cost-or-market inventory value for product
a tornado damage a crane and a dump truck at one of its construction sites. the crane was acquired 2009 for 120000. and
Prepare any necessary adjusting entries at December 31, 2015, for Jester Company's year-end financial statements for each of the following separate transactions
Prepare the adjusting entry at December 31, 2020, to report the investment securities at fair value. All securities are considered to be trading
1 the buyer who purchases and takes ownership of anothercompanys accounts receivable is called aa payerb pledgorc
Credit sales totaled $45,000 during the month. Calculate the cash collected from customers during the month, assuming that all sales were made on account
When Does a Grease Payment Become a Bribe Under the FCPA? International Business Ethics How Corruption Affects Emerging Economies
Zoum Corporation had the following transactions during 2020: Acquired land by issuing $30,000 common stock. What are cash flows from operating activities
Nevertire Ltd purchased a delivery van costing $52,000. Calculate the depreciation expense for the second year using each of the following depreciation methods
Prepare general journal entries for the following transactions of a new business called Pose for Pics. Aug. 1 Hashim Paris, the owner, invested $7,500 cash and $32,500 of photography equipment in the business.
Aero liquidated its available-for-sale investment portfolio at a loss of $8,210. Prepare a statement of cash flows for the year 2012 for Aero
ABC values their inventory under the lower of cost or market by individual product. Determine the inventory that approximates average cost
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