Quarter 2 Acctg. 2 PT1

Example of Compensation Income?

• 13th month pay

• Goodwill

• Interest

• Utility

In Item number 15 do you insert or input _____?

• Number

• Birthday

• Contact Number

• Control Number

Deadline Final Adjustment Return or Annual Income Tax Return?

• 20th day of April

• 15th day of April

• 5th day of April

• 25th day of April

______ Mark “X” the appropriate box that indicates your Civil Status?

• Item 15

• Item 16

• Item 17

• Item 20

_____Indicate if your income is exempt from income tax or not. If yes, fill out also

consolidation of ALL Activities per Tax Regime on Part X?

• Item 19

• Item 18

• Item 20

• Item 17

______Enter your TIN or Taxpayer Identification Number?

• Item 2

• Item 3

• Item 4

• Item 5

______Tax filer’s name?

• Item 7

• Item 8

• Item 10

• Item 9

To provide taxpayers with an alternative mode of

preparing and filing tax returns in such a way it is easier and more convenient?

• BIR

• Electronics

• Electronic BIR Forms

• EForms

Is the process of evaluating risks, performance, financial health, and future prospects of a business?

• Financial Health Ratios

• Profitability ratios

• Ratio analysis

• Financial Statement (FS) Analysis

Is used to evaluate

the company’s liquidity?

• Debt Ratio

• Quick Ratio

• Interest Coverage

• Current Ratio