Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dany is provided with an automobile that is owned by his employer. The car was acquired by the employer in 2018 for 9 months, including

Dany is provided with an automobile that is owned by his employer. The car was acquired by the employer in 2018 for 9 months, including GST. During 2019, it was used by Dany for 9 months. When not using the automobile, the employer required that Dany return their premises. His total mileage in 2019 was 19307 km and 15218 of those were employment related.

Required: Calculate Dany 's minimum standby charge for the use of the automobile in 2019.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1- 15

Authors: James A Heintz, Robert W Parry

23rd Edition

1337794767, 9781337794763

More Books

Students also viewed these Accounting questions

Question

6. How can a message directly influence the interpreter?

Answered: 1 week ago