!(please solve only A no.) During the financial year 2020/2021,Jessy made a capital gain of $33,000on the sale of her shares in acompanyand a $5,000 capital gain onthe sale of her units in a trust. Assumeeither of these gains is a discountcapital gain or eligible for the smallbusiness concessions. She also madea 'capital losses of $5,000 on the saleof her apartment, and she has a 'netcapital loss' carried forward from theprevious year of $6,500.A) What is Jessy's net capital gain for2020/2021? Show working.B) How much should be included in herassessable income under s102-5.

A capital gain is the expansion in a capital resource's worth and is acknowledged when the resource…

Jessy made a capital gain of $33,000 on the sale of her shares in a companyand a $5,000 capital gain on the sale of her units in a trust. Assum either of these gains is a discount capital gain or eligible for the small business concessions. She also mad a 'capital losses of $5,000 on the sale of her apartment, and she has a 'net capital loss' carried forward from the previous year of $6,500. A) What is Jessy's net capital gain fc 2020/2021? Show working.

Jessy made a capital gain of $33,000 on the sale of her shares in a companyand a $5,000 capital gain on the sale of her units in a trust. Assum either of these gains is a discount capital gain or eligible for the small business concessions. She also mad a 'capital losses of $5,000 on the sale of her apartment, and she has a 'net capital loss' carried forward from the previous year of $6,500. A) What is Jessy's net capital gain fc 2020/2021? Show working.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter5: Business And Economic Forecasting

Section: Chapter Questions

Problem 2E

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