On july 1 2019 melissa acquired an antique camel statue for $300 which she kept in the hallway of her house . on 1 december 2020 she sold it for $4300 required calculate the net capital gain if any to be included as nelissa assessable income for the year ending 30 june 2021

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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On july 1 2019 melissa acquired an antique camel statue for $300 which she kept in the hallway of her house .

on 1 december 2020 she sold it for $4300 required calculate the net capital gain if any to be included as nelissa assessable income for the year ending 30 june 2021

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