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Question - Tyler is a qualifying widower and has 10-year old twin boys. Tyler had the following income for the year:
Wages $28,750
Interest income $390
Raffle winnings 1,500
Assuming all EIC requirements are met, what amount of EIC is Tyler eligible to receive?
a. $3,460
b. $3,386
c. $3,702
d. $3,776
Variance Analysis Problem
Question - Adjusting Entries and Justifications - Prepare the end-of-period adjusting entries required on 30 June 2020. Ignore GST
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