Solution for QID #104932: Using the following information: Basic pay | StudyHelpMe

Using the following information:  Basic pay                                                                    P55,000 Allowances                                                                   10,000 Deductions: SSS, Philhealth, Pag-ibig contributions                       6,000 Loan payments                                                               5,000 Withholding tax                                                             12,000   Compute the net pay of the employee a. P59,000 b. P54,000 c. P42,000 d. P32,000