Meg works for Freedom Airlines in the accounts payable department. Meg and all other employees...

90.2K

Verified Solution

Question

Accounting

Meg works for Freedom Airlines in the accounts payable department. Meg and all other employees receive free flight benefits(for the employee,family, and 10 free buddy passes for friendsvper year) as part of its employee benefits package.
If Meg uses 30 flights with a value of $12,780 this year, how much must she include in her compensation this year?
Amount included

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