at amount goes on Line 13010? SO S

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

4

Nicholas, sigle 23 years old and attended university in 2022. His T2202 shows 8
months full time with $5,800 of eligible guition fees. He also paid $1,300 for
books and additional $2,400 for expenses directly related to his studies. Nicholas
income for the year was a scholarship of $5,000 and $18, 200 from a part time
job. Line 99 from his return is $16,800. What amount goes on Line 13010? SO S
1,300 $1,700 $5,000
Transcribed Image Text:Nicholas, sigle 23 years old and attended university in 2022. His T2202 shows 8 months full time with $5,800 of eligible guition fees. He also paid $1,300 for books and additional $2,400 for expenses directly related to his studies. Nicholas income for the year was a scholarship of $5,000 and $18, 200 from a part time job. Line 99 from his return is $16,800. What amount goes on Line 13010? SO S 1,300 $1,700 $5,000
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education