Accounting problem solve

Feb 3rd, 2012
Studypool Tutor
Ashford University
Course: business studies
Price: $10 USD

Tutor description

Business meals $1,000 List each deductible expenditure at its Local transportation 2,000 net amount after any required adjustments commuting expenses 1,000 but before the 2% of AGI Limitation. Entertainment 1,000 Total deductible expenses $5,000 The expense that are not deductible are the commuting expenses and airfare and lodging while away from home overnight expense This expense is not related to the business as it has not been clearly stated whether it relates to the business. The commuting expenses are personal expenses that can not be deductible.

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