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Ned receives his monthly Telstra telephone bill on 25June 2020. Assume that Ned usesthe telephone 100% for business purposes. The amount of $290 is due

Ned receives his monthly Telstra telephone bill on 25June 2020. Assume that Ned usesthe telephone 100% for business purposes. The amount of $290 is due for payment on 15 July2020. Ned pays his telephone bill on 10July 2020. 


On what datehas Ned incurred the telephone expense?


(b)        Daisy works as a practising accountant in her own practice in Spring Hill. On 30 June 2020, she receives tax invoices for a number of business-related expenses, including:


  •  telephone of $450;
  • stationery of $170;
  •  motor vehicle costs (consisting of fuel and oil) of $620; and
  • professional indemnity insurance premium renewal of $3,300.


All of these expenses were paid by Daisy on 3July 2020. 


On what date has Daisy incurred each of the above expenses?

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