Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 20 question 20 27 28 ) 1 points pat operates a med

20 Question 20 27 28 ) 1 points Pat operates a medical practice in Bendigo...

60.1K

Verified Solution

Question

Accounting

image
20 Question 20 27 28 ) 1 points Pat operates a medical practice in Bendigo and incurred the following expenses for the year ended 30 June 2020 Paid $800 for a gym membership. She believes that by keeping it and healthy the performs better sa Doctor Paid $1,200 for music lessons as she was advised playing music reduces stress associated with medical practice Paid S1,000 per week for 2 weeks to her husband James for performing bookkeeping services to the practice. James works a standard Shoun per week on the practice books. Pat had been paying a bookkeeping service $80 per hour for the same service Accrued a provision for long service leave of 57,600 in respect of her employees' unused leave as at 30 June 2020 Based on these expenses, what amount can Pat claim as a tax deduction for the year ended 30 June 2007 O $52,000 O 531,200 $29,200 $28,400 O 520,800

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