ACC30005 Taxation

Answer the following questions

Are the following amounts are accessible income under section 6-5?

3.5 (a). Weekly wages

3.5 (d). Funds borrowed as part of financing of real property.

Is the following accessible as ordinary income?

3.6 (c). Sakiya is a star basketball player. She is so good, one of thew leading Victorian basketball teams pays her $100000 in return for her agreeing not to play in the Victorian A-grade basketball competition.