Question 9: Compute the total income of Mr. & Mrs. X from the following information....

50.1K

Verified Solution

Question

Accounting

image

Question 9: Compute the total income of Mr. & Mrs. X from the following information. (a) Salary income (computed) of Mrs.X 4,50,000 (b) Income from profession of Mr.X 4,30,000 (c) Income of minor son from company deposit 21,000 (d) Income of minor daughter C from special talent 45,000 (e) Interest from bank received by C on term deposit made out of her special talent 6,500 (t) Gift received by C on 30.09.2018 from friend of Mrs.X 5,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students