ITEMIZED DEDUCTIONS AND OPTIONAL STANDARD DEDUCTIONS Problem 07. A Married individual with three (3) dependent children has the following business data in the Philippines for the current taxable year 2013. Gross services fees 1‚800‚000 Cost of Services Rendered 516‚800 Rental Income 216‚150 Interest Income on Trade Receivables 34‚750 Interest Income on bank times deposits 18‚000 Interest Expense on Debts to Banks Taxes Expense (Including income tax for 2008 of P26‚000) Losses (Including
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CHAPTER I INTRODUCTION 1 Background Of The Study Processing payroll can be one of the most complex tasks facing a company. Aside from simply paying employees‚ companies will need to file taxes‚ submit reports and process year-end data for tax-reporting purposes. These problems are being encountered by several companies. The manual payroll system they are currently using calculates the payroll for each pay period entirely on paper. They will need to calculate taxes‚ over time‚ under time and any
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out of 10 points | | | Which of the following reasons might lead to an early project termination for convenience?Answer | | | | | Selected Answer: | A. The customer faces changing priorities. | Response Feedback: | Correct | | | | | Question 2 10 out of 10 points | | | Which of the following is a trait of active listening during meetings?Answer | | | | | Selected Answer: | B. Asking clarifying questions and paraphrasing to confirm information. | Response
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As our project the payroll system is one of the software that the professional is develop‚ thesystem is good for its specialty in the fields of accounting‚ it is easy to use and effective and efficient in organizing and calculating the payroll process and it is more important application that should be used by businesses of any size. Payroll systems are very simple to use‚ they can easily be incorporated into any business applications being used by the company. These systems are a guaranteed way
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CHAPITER ONE: INTRODUCTION 1. 1. GENERAL INTRODUCTION Employee Payroll and Attendance Management Information System is software that will administrate the financial record of employee’s salaries‚ wages‚ bonuses‚ Net pay‚ and deductions; and helping the administration to establish Employee Payroll and Attendance automatically according to the inserted employee’s specifications. The system will make sure that the employees are punctual and do their jobs on time. With this system‚ the administrator
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CHAPTER 2 REVIEW OF RELATED LITERATURE AND STUDIES This chapter discusses the related literatures and studies for both local and foreign that were gathered from the internet and other published materials. 2.1. Review of Related Literatures 2.1.1. Local Literatures Jeonsoft Solutions Enterprise Inventory System The aim of Jeonsoft Inventory System is to provide easier and faster way to monitor the movement of your business’ stock of goods. It is interactively designed to possibly do the common
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University College PROJECT PROPOSAL Project title: EMPLOYEE AND PAYROLL SYSTEM Done by: MAHORO Hisham BITG/0053/10/E Tel: +250788801653 Employee and Payroll System Introduction Employee and Payroll System‚ this project is made in the Microsoft Visual Basic 6.0. This project keeps the record of employees working in the company. A user can add‚ delete or update the record of one or more employees. This project also calculate the salary of employees
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D’s Dang Cameras Jordan Beadle Esperanza Benitez David Dang Sean Kelly Thom Thurn Strategy Formulation and Initial Implementation Our company wanted to appeal to as many consumers as possible and gain market share through value and competitive cost. We realized that not every person would need an extremely high end camera to capture life’s simple moments‚ but consumers would still appreciate a high value product without the intimidating features of some highend cameras. We chose to
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Chapter 1-THE PROBLEM AND A REVIEW OF RELATED LITERATURE Project Context As Computer technology nowadays‚ changes at such time‚ many businesses factors try to cope up by upgrading computer system constantly in order to stay competitive. The multifunction ability of technology for its advance system is also an important factor for a company to use software. It makes efficient use of the advance technology and has ambition to discover more. Computers have the great impact on the profession of accounting
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on the other hand are unlimited legal tender. Optional money: It is that money which is ordinarily accepted by the people towards making any final payments; however‚ has no legal sanction behind it. The credit instruments like cheques‚ drafts‚ bills of exchange‚ promissory notes etc. are optional money. Noone can be forced to accept them; however‚ they are generally accepted because people have confidence in the credit of the paper. The optional money is also called as credit money. Robertson has
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