Where a partnership records a loss for an income year for tax purposes: (Choose the most correct option)

	a.	It will be carried forward and allowed as a deduction from future income of the partnership.
	b.	It will be of no significance for tax purposes because it cannot be used by the partnership under tax legislation.
	c.	It is only transferred to the individual partner's tax calculation as an allowable deduction for that partner's share if the individual partner has assessable income.
	d.	It is transferred to the individual partner's tax calculation as an allowable deduction and if the individual partner does not have assessable income sufficient to absorb the loss the individual partner can carry forward the loss or part of the loss to future years.

 Henrietta Hart, a famous netball player, receives the following amounts from her club: a$10,000 bonus for having played well this season, a $15,000 bonus for being selected to play on the Australian team at the next international netball championships, and $8,000 prize money from a radio station for being the best and fairest. Which of these constitute assessable income?

	a.	$10,000 bonus,$15,000bonus, and $8,000 prize
	b.	$15,000 bonus and $8,000 prize
	c.	$10,000 bonus and $8,000 prize
	d.	$8,000 prize only

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