Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. [81] gleim #: 3.1.31 which of the following expens

[81] Gleim #: 3.1.31 Which of the following expenses is deductible as compensation? A. A...

80.2K

Verified Solution

Question

Accounting

[81] Gleim #: 3.1.31 Which of the following expenses is deductible as compensation? A. A loan or an advance for services actually performed when repayment is not expected. B. Wages paid to employees for constructing a new building to be used in the business. C. Lump-sum payments for sick pay that are compensated by insurance. D. Payment for an employee to take classes required for the job.

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

What are good textbooks to cover these topics? Sets: sets and their elements, finite and infinite...

Accounting
1.2K views

describe any two contribution of entrepreneurs to society

Biology
1.2K views

Cancerous tumors release a substance that causes blood vessels in the surrounding tissues to grow...

Accounting
1.2K views

Crane Inc. manufactures snowsuits. Crane is considering purchasing a new sewing machine at...

Accounting
1.2K views

which of the three classifications of activities included on a statement of cash flows is...

Accounting
1.2K views

1. The greenwood hotel invested a single amount of 100,000 at 8% for 10 years....

Accounting
1.2K views

Purpose Creating a career profile will allow you to gain the career clarity you need...

Accounting
1.2K views

The LaGrange Corporation had the following budgeted sales for the first half of the current...

Accounting
1.2K views

If anyone can answer this correctly because I put this question in before and it's...

Accounting
1.2K views

Net Work Corporation, whose annual accounting period ends on December 31, issued the following bonds:...

Accounting
1.2K views

College Supply Company (CSC) makes three types of drinking glasses short, medium, and tall. It...

Accounting
1.2K views

please answer as many question as you can please showing all information needed in the...