Business, 19.12.2019 23:31 queenkimm26

Holly took a prospective client to dinner, and after agreeing to a business deal, they went to the theater. holly paid $290 for the meal and $250 for the theatre tickets, amounts that were reasonable under the circumstances. what amount of these expenditures can holly deduct as a business expense?
a) $540
b) $270
c) $145
d) $125
e) none- the meals and entertainment are not deductible except during travel

Answers: 1

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