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Interim Financial Reporting Ass
Interim Financial Reporting Ass
P60,000,000
bonus expense for the
What anmount should be recognized as
a. 1,400,000
b. 1,200,000
C. 900,000
d. 700,000
Bailan
Company, a
calendar-year entity, had the following
ime be
income before tax provision and effective annual tax
rate for
the first three quarters of the current year:
a 5,250,000
b. 1,350,000
C. 2,400,000
d 2,000,000
ma
Sigma Company has a financial reporting year that
2017 and ends on June 30, 2018. The tax begins
July 1, year ends
every December 31.
a. 3,350,000
b. 2,700,000
C. 3,600,000
d. 3,150,000