Abumasta - Sci Hi Chapter

‎To our approachable and dedicated VP for Membership, Zairra, thank you for always welcoming everyone with kindness and helping build a strong and connected family in ABUMASTA. Your positivity and effort truly make the organization more lively and meaningful.
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‎Happy birthday, Zairra! Wishing you a year filled with happiness, laughter, and unforgettable memories. May this year bring you more blessings, success, and moments to cherish! 🩷

‎Happy Birthday to our VP for Media, Jarren Laylo!
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‎Your talent and hardwork in making every design keeps the organization's page alive and fun. ABUMASTA wouldn't be the same without your bright and creative mind.
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‎We hope you have the best day ever, filled with the greatest memories!🩷

Happy Birthday to our VP for Non-Academics, Basty! 🎉

Your leadership, energy, and commitment keep our activities alive and meaningful. Thank you for always bringing fun to the org, bringing people together, and helping make every event a success for ABUMASTA.

Wishing you a day full of happiness and a year filled with success and great memories!💗

Happy Birthday to our hardworking AVP for Finance, Donna!🎉

Thank you for always doing your best and supporting the organization. Your dedication, responsibility, and effort help keep everything organized and running smoothly in ABUMASTA.

Wishing you a day full of joy, appreciation, and well-deserved celebration. May the year ahead bring you more success, growth, and great memories!💕

Happy Birthday to our AVP for Media, Kae Santos! Your bright energy, unstoppable vibes, and creative spark make every moment more fun and unforgettable. Abumasta wouldn't be the same without your bright energy.

Hope you have the best day ever, filled with everything you love!🩷

Today, 10 𝗼𝗳 𝗼𝘂𝗿 𝗚𝗿𝗮𝗱𝗲 12 𝗔𝗕𝗠 𝘀𝘁𝘂𝗱𝗲𝗻𝘁𝘀 successfully passed the 𝗧𝗘𝗦𝗗𝗔 𝗡𝗖𝗜𝗜𝗜 𝗕𝗼𝗼𝗸𝗸𝗲𝗲𝗽𝗶𝗻𝗴 𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁 and are now officially recognized as 𝗰𝗼𝗺𝗽𝗲𝘁𝗲𝗻𝘁. 𝙒𝙖𝙧𝙢𝙚𝙨𝙩 𝙘𝙤𝙣𝙜𝙧𝙖𝙩𝙪𝙡𝙖𝙩𝙞𝙤𝙣𝙨 𝙩𝙤 𝙖𝙡𝙡 𝙤𝙛 𝙮𝙤𝙪 𝙤𝙣 𝙩𝙝𝙞𝙨 𝙧𝙚𝙢𝙖𝙧𝙠𝙖𝙗𝙡𝙚 𝙖𝙘𝙝𝙞𝙚𝙫𝙚𝙢𝙚𝙣𝙩.

This milestone reflects your dedication, perseverance, and commitment to excellence. Passing the assessment is a testament to your hard work, preparation, and confidence in your skills. We are truly proud of each one of you.

𝙈𝙖𝙮 𝙩𝙝𝙞𝙨 𝙢𝙞𝙡𝙚𝙨𝙩𝙤𝙣𝙚 𝙨𝙚𝙧𝙫𝙚 𝙖𝙨 𝙖 𝙨𝙩𝙧𝙤𝙣𝙜 𝙛𝙤𝙪𝙣𝙙𝙖𝙩𝙞𝙤𝙣 𝙛𝙤𝙧 𝙮𝙤𝙪𝙧 𝙛𝙪𝙩𝙪𝙧𝙚 𝙚𝙣𝙙𝙚𝙖𝙫𝙤𝙧𝙨. 𝘾𝙤𝙣𝙩𝙞𝙣𝙪𝙚 𝙨𝙩𝙧𝙞𝙫𝙞𝙣𝙜 𝙛𝙤𝙧 𝙚𝙭𝙘𝙚𝙡𝙡𝙚𝙣𝙘𝙚.💓

‎𝗕𝗮𝗻𝗸 𝗼𝗳 𝗧𝗲𝗿𝗺𝗶𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀: Account Code 018
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‎Exemption (or Tax Exemption) refers to a legal right or privilege that reduces or eliminates the obligation to pay a tax. For workers, this often includes specific types of income—such as the 13th-month pay and other benefits up to ₱90,000—that are not subject to income tax.
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‎In accounting, exemptions are not typically recorded as a standalone expense but are instead used to calculate the Net Taxable Income. By excluding exempt portions from the gross compensation, the organization ensures that the correct, lower amount of withholding tax is remitted to the government
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‎💬 Comment below: Do you think there should be more types of tax-exempt benefits for workers? Why or why not?
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‎Caption by Jewel Ann Diaz
‎Layout by Jarren Laylo and Kae Santos

𝗧𝗵𝗶𝘀 𝗼𝗿 𝗧𝗵𝗮𝘁? 𝗧𝗮𝘅𝗮𝘁𝗶𝗼𝗻 𝗘𝗱𝗶𝘁𝗶𝗼𝗻 📄💼

You are reviewing a taxpayer’s information to determine the correct classification in taxation.

Scenario:
Andrea works as a full-time employee in a private company and receives a monthly salary. At the same time, she also runs a small online shop where she sells handmade accessories and earns additional income.

How should Andrea be classified for tax purposes?

A.
Compensation Income Earner – because she works for a company and receives a salary.

B.
Mixed Income Earner – because she earns income from both employment and her own business.

💬 Comment A or B and explain your choice!

Caption by Jewel Diaz
Layout by Jarren Laylo and Kae Santos

𝗕𝗮𝗻𝗸 𝗼𝗳 𝗧𝗲𝗿𝗺𝗶𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀: Account Code 017
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‎Employee Benefits refer to the additional compensation provided by employers beyond the regular salary or wages. These may include health insurance, paid leaves, retirement plans, bonuses, and other incentives that support employees’ well-being and financial security.
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‎In accounting, employee benefits are recorded as expenses or liabilities, depending on whether they have already been paid or are still payable to employees (e.g., Salaries and Wages Expense, Benefits Payable). These benefits recognize the value of employees’ contributions to the organization.
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‎💬 Comment below: In your opinion, which employee benefit is the most valuable for workers and why?
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‎Caption by Jewel Ann Diaz
‎Layout by Jarren Laylo and Kae Santos

Packaging, branding, and product promotion are essential in presenting a product and attracting consumers. Through creativity, thoughtful design, and confident communication, students showcased their skills in the 𝗣𝗮𝗰𝗸 𝘁𝗼 𝗜𝗺𝗽𝗿𝗲𝘀𝘀, 𝗦𝗲𝗹𝗹 & 𝗦𝗵𝗶𝗻𝗲, 𝗮𝗻𝗱 𝗕𝗲𝘀𝘁 𝗟𝗼𝗴𝗼 activities.

ABUMASTA proudly congratulates the winners for their outstanding creativity, strong branding ideas, and excellent product presentation. 💓

Caption by Jewel Diaz
Layout by Jarren Laylo and Kae Santos