Question 2 . Anna runs a lighting retail store and accounts for tax on an...
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Accounting
Question 2 . Anna runs a lighting retail store and accounts for tax on an accruals basis. She has provided the following information: Trade debtors as at 30 June 2019: $36,000 Cash receipts during the year ended 30 June 2020: $390,000 Trade debtors as at 30 June 2020: $24,000 What is Anna's assessable income from trading for the year ended 30 June 2020? . O $402,000 O $414,000 $390,000 O $426,000 O $378,000
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