Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. can someone explain how my professor got the highl

Can someone explain how my Professor got the highlighted answ swers? 7. Richard, a self-employed...

90.2K

Verified Solution

Question

Accounting

image

Can someone explain how my Professor got the highlighted answ swers? 7. Richard, a self-employed business consultant, traveled from New Orleans to New York for both business and vacation. He spent 4 days conducting business and some days vacationing. He incurred the following expenses: Airfare Lodging-per day Meals-per day Business Entertainment $460 175 100 800 What is his deduction under the following two circumstances? a. He spends three days on vacation, in addition to the business days. $1,360 b. He spends six days on vacation, in addition to the business days. $900

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