Mary Grace, a resident of Quezon City, single, owns a restaurant in Aguinaldo and in Reyes Street, Quezon City. In 2021 it had the following data: Gross receipts Expenses Aguinaldo Branch P4,055,015.20 P3,296,423.10 Reyes Branch 3,624,980.60 3,025,114.80 Requirements: 1. Community tax payable if paid on April 30, 2022 2. Community tax payable for 2022 if a corporation paid in January 2022.

Mary Grace, a resident of Quezon City, single, owns a restaurant in Aguinaldo and in Reyes Street, Quezon City. In 2021 it had the following data: Gross receipts Expenses Aguinaldo Branch P4,055,015.20 P3,296,423.10 Reyes Branch 3,624,980.60 3,025,114.80 Requirements: 1. Community tax payable if paid on April 30, 2022 2. Community tax payable for 2022 if a corporation paid in January 2022.

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter4: Income Tax Withholding

Section: Chapter Questions

Problem 3SSQ

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