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J019555 &question num_7.x=0&toggle stat... Remaining Time: 1 hour, 07 minutes, 34 seconds. QUESTION COMPLETION STATUS:...

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Accounting

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J019555 &question num_7.x=0&toggle stat... Remaining Time: 1 hour, 07 minutes, 34 seconds. QUESTION COMPLETION STATUS: Less than half of the time rema 4 8 10 12 13 14 15 24 16 25 18 27 280 20 29 300 21 22 23 SAVE ANSWER Question 7 1 points Rod carries on a retail business and is an SBE taxpayer. He was entitled to use the SBE trading stock concessions from 1 July 2019 when the opening value of his trading stock was $10,000. He made estimates of his trading stock at 30 June 2020 of $11,000, at 30 June 2021 of $15,000, at 30 June 2022 of $18,000 and at 30 June 2023 of $14,000. In which year will he need to account for the changes in the value of trading stock as an SBE taxpayer? O 2020 O 2021 O 2022 2023 O No adjustment necessary Question 7 of 30 Moving to another question will save this response. 233 PM 21/Oct/2020 O RE

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