WebBusiness Accounting The profit for 2024 of Dwight Company before any deduction for bonus and income tax amounted to P2,500,000. Under an incentive compensation plan, the general manager is entitlod to year-end bonus of 10% of the profit before deducting the bonus but after deducting the income tax. Income tax rate is 30%. WebCurrent tax year net income (before distributions): • In column (a), enter the amount from Part I, line 24b • In column (b), enter the amount from Part I, line 25b

Microsoft Commercial Incentives

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Answered: The profit for 2024 of Dwight Company… bartleby

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