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Which of the following is least likely to be assessable income of an accounting trainee?...

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Finance

Which of the following is least likely to be assessable income of an accounting trainee?

A $500 cash bonus given to all employees at the end of the year by their employer in appreciation of their efforts.

A reimbursement of $364 from their employer for the costs of accounting study textbooks the trainee purchased.

An overtime payment of $620 for working over a weekend to complete an urgent audit.

A prize of $100 received from the national CPA Australia accounting body for coming first place in their University taxation class.

All of the above are assessable.

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