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A company paid $20 000 for one year's rent in advance on 1 January 2021. The tax base of the prepaid asset at 30 June

A company paid $20 000 for one year's rent in advance on 1 January 2021. The tax base of the prepaid asset at 30 June 2021, if the tax rate is 30% would be:

a.

$20,000

b.

$10,000

c.

$6,000

d.

$0

e.

None of the above

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