Philippines Standard Annual Deductions B. Compute for the annual standard...
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Accounting
Philippines Standard Annual Deductions
B. Compute for the annual standard deductions (SSS/GSIS, PHIC, HDMF, TAX, TOTAL DEDUCTIONS) of the employees below. Provide proper solutions. (10 pts each) 1. Dora receives P28,000 for his basic monthly pay in a private company. For this month, he received P3,000 for the overtime pay. 2. Mrs. Explorer, a public school teacher, receives a monthly basic salary of P42,500. She also receives P1,500 monthly for the rice subsidy. 3. Mr. Einstein, a sales agent in a private firm, receives P30,000 for her monthly basic salary. This month, he received P1,800 for night shift differential

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