According to Tax Accounting rules, which of the following expenses have been incurred (and thus fully deductible) during the 2020 financial year? Select one: Invoice of $2,000 handed to a rental property owner on 29 June 2020. All paint work has been completed. The Invoice has not been paid. On 29 June 2020, one of ABC Pty Ltd's employees notified the company that she might be taking long service leave for the whole of November and December 2020 On 29 June 2020, GHD Pty Ltd contacted SpotLess Pty Ltd about providing cleaning services to its head office. GHD Pty Ltd is fairly sure it will hire SpotLess Pty Ltd, yet is still waiting on a quote On 29 June 2020, KLM Pty Ltd had doubts whether an outstanding debt would be paid. The debt is finally written off on 5 July 2020 On 29 June 2020, XYZ Pty Ltd pre-paid $25,000 for IT support services that would be rendered to the company over a five year period
According to Tax Accounting rules, which of the following expenses have been incurred (and thus fully deductible) during the 2020 financial year?
Select one:
Invoice of $2,000 handed to a rental property owner on 29 June 2020. All paint work has been completed. The Invoice has not been paid.
On 29 June 2020, one of ABC Pty Ltd's employees notified the company that she might be taking long service leave for the whole of November and December 2020
On 29 June 2020, GHD Pty Ltd contacted SpotLess Pty Ltd about providing cleaning services to its head office. GHD Pty Ltd is fairly sure it will hire SpotLess Pty Ltd, yet is still waiting on a quote
On 29 June 2020, KLM Pty Ltd had doubts whether an outstanding debt would be paid. The debt is finally written off on 5 July 2020
On 29 June 2020, XYZ Pty Ltd pre-paid $25,000 for IT support services that would be rendered to the company over a five year period
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