Mr. Gerry, hired as employee on July 1, 2019 received the following compensation for the...
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Accounting
Mr. Gerry, hired as employee on July 1, 2019 received the following compensation for the year:
Monthly Basic Salary P 20,000
13th Month pay 20,000
Other benefits 7,000
Salary from previous
employer (Jan-May 2019) 180,000
Withholding tax from previous employer 4,167
Withholding tax (July-Nov 2019) 6,000
The amount to be refunded to Mr. Gerry is:
a. 10,167
d. 167
b.4,167
c. 0
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