Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. boris runs a consultancy business and incurs the f

boris runs a consultancy business and incurs the following expenses -dinner with clients at a...

50.1K

Verified Solution

Question

Accounting

boris runs a consultancy business and incurs the following expenses -dinner with clients at a lavish restutant $789 - speeding fine incurred running late for a client meeting $560 -$5000, to attend a business development course assuming these expenses are deductible as a general deduction, would they be prevented under a deduction limitation section?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Savannah is flying a kite holding her hands a distance of 2 5 feet above...

Geometry
Q

What are the 4 different kinds of mergers? List them and give a hypothetical example of...

Finance
Q

Show that two m×n matrices are equivalent if and only if they have the same invariant...

Advance Math
Q

As changes across industries driven by Process, People, Technology happen at a rapid pace. The quality...

Mechanical Engineering
Q

Explain characteristics of “Perimeter blocks”

Civil Engineering
Q

e q are rge that lates of w Then Aakash Institute 66 Equipotential surfaces in...

Physics
Q

shown in the figure A to B the correct option is P 4 Po Po...

Physics
Q

Consider the following. (If an answer does not exist, enter DNE.)f(x) = ln(2+ sin(x)), 0?x?...

Calculus
Q

0 15 answered erivative of 6476

Calculus
Q

A normal temperature for a certain animal is72 9 F If a temperature x that...

Algebra
Q

need help on a-2 and...

Accounting
Q

Ch 16 Homework Saved 7 Scientific Frontiers Corporation manufactures scientific equipment for use in elementary...

Accounting