Leanne is a government employee and has 10 days sick leave credits and 7 days vacation leave credits. Her daily rate is P525 and did not avail the sick and vacation leave credits, so the agency monetized it. How much will be her additional earnings and how much of it will be taxed?

Leanne is a government employee and has 10 days sick leave credits and 7 days vacation leave credits. Her daily rate is P525 and did not avail the sick and vacation leave credits, so the agency monetized it. How much will be her additional earnings and how much of it will be taxed?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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