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As of June 30, 2020, the total unsold merchandise was valued at Php 1,800,000.00, with a capital amounting to Php 6,000,000.00. The owner made an additional investment of Php 500,000.00 during the second quarter. A tax rate of 30% will be applied.

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Danissa Jover
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14 views3 pages

Worksheet

As of June 30, 2020, the total unsold merchandise was valued at Php 1,800,000.00, with a capital amounting to Php 6,000,000.00. The owner made an additional investment of Php 500,000.00 during the second quarter. A tax rate of 30% will be applied.

Uploaded by

Danissa Jover
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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amounted to Php

2,000,000.00 and
E. Brillante,
Capital was Php
6,000,000.00

2. As of June 30,
2020, physical
count revealed
that the total
unsold
merchandise had
a value of Php
1,8000,000.00

3. Within the
second quarter,
the owner made
an additional
investment of
Php 500,000.00

4. Tax rate to be
applied is 30%
Preparation of Worksheet

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