Please determine the transactions may result in a book-tax difference and in what amount. ...

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Accounting

Please determine the transactions may result in a book-tax difference and in what amount.

  1. Conceptualize pays $80,000 for client development meals and $150,000 for entertainment in order to maintain relationships with key media industry contacts that send business to its studios and records these expenses on its books.

What is the amounts need to consider in books. Is there any differences are there between books and Tax

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