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TE 9 11 12 13 14 15 16 3 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Terry owns

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TE 9 11 12 13 14 15 16 3 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Terry owns a retail business in which he derives income on an accruals basis in the year ended 30 June 2019 he claimed a bad debt deduction of $3,000 owing to him by Sam who was declared bankrupt. During the year ended 30 June 2020, Sam won some money in a lottery and so paid Terry $2,000 of what he owed him. Sam then said he would pay another $500 in July 2020 and $500 in September 2020, What amount should Terry include as assessable thcome for the year ended 30 June 2020? O a. 52,000 b. $3,000 c. $1,000 d. 5500 De

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