Malinda took a client to dinner meeting. After agreeing to a business deal, they went...
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Accounting
Malinda took a client to dinner meeting. After agreeing to a business deal, they went to see a show. Malinda paid $100 for the meal and separately paid $45 for the show tickets, amounts that were reasonable under the circumstances. What amount of these expenditures can Malinda deduct as a business expense?
$691.
$2,998.
$5,530.
None of the choices are correct.
$2,765.
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