FAMB 2 2nd Summative Test

If Clyde Boco generated annual compensation income of P725,000. Statutory payments are as follows: SSS – P 8,275.40; Philhealth - P 6,250; Pag-ibig Contribution – P 1,200. Total: P 15,725.40 Tax exempt 13th month pay and other bonuses – P 70,000. (Note: Maximum tax-exempt 13th month and other bonuses is P 82,000 per Revenue Regulation 3-2015).

How much is the Gross Taxable Compensation Income?

If Clyde Boco generated annual compensation income of P725,000. Statutory payments are as follows: SSS – P 8,275.40; Philhealth - P 6,250; Pag-ibig Contribution – P 1,200. Total: P 15,725.40 Tax exempt 13th month pay and other bonuses – P 70,000. (Note: Maximum tax-exempt 13th month and other bonuses is P 82,000 per Revenue Regulation 3-2015).

If Clyde Boco is single with no qualified dependent, How much is the Net Taxable Compensation Income?

If Crissan Villanueva's net taxable income is 425,487.50,

From the Tax table, how much is Crissan Villanueva's tax due?

If Yuri Bantang generated annual compensation income of P850,000. Statutory payments are as follows: SSS – P 9,975.50; Philhealth - P 7,750; Pag-ibig Contribution – P 1,500. Total: P 19,225.50 Tax exempt 13th month pay and other bonuses – P 80,000. (Note: Maximum tax-exempt 13th month and other bonuses is P 82,000 per Revenue Regulation 3-2015).

How much is the Gross Taxable Compensation?

If Yuri Bantang generated annual compensation income of P850,000. Statutory payments are as follows: SSS – P 9,975.50; Philhealth - P 7,750; Pag-ibig Contribution – P 1,500. Total: P 19,225.50 Tax exempt 13th month pay and other bonuses – P 80,000. (Note: Maximum tax-exempt 13th month and other bonuses is P 82,000 per Revenue Regulation 3-2015).

If Yuri Bantang is married with 2 qualified dependents, how much is the Net Taxable Compensation Income?

If Alma Ganzon's net taxable income is 525,400.00,

From the Tax table, how much is Alma Ganzon's tax due?

How much is the Adjusted bank balance if the:

Unadjusted bank balance is 17,400.00

Deposit in Transit is 3,205.00

Outstanding Checks' total is 5,100.00?

How much is the Adjusted bank balance if the:

Unadjusted bank balance is 20,820.10

Deposit in Transit is 4,205.50

Outstanding Checks' total is 3,800.00?

How much is the Adjusted book balance if the:

Unadjusted book balance is 20,820.10

Total Debit memo is 3,800.00

Total Credit memo is 4,205.50?

How much is the Adjusted book balance if the:

Unadjusted book balance is 17,400.00

Total Debit Memo is 5,100.00

Total Credit Memo is 3,205.00?