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Business, 26.02.2020 00:17 mlbaker265
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) $540b) $270c) $145d) $125e) None- the meals and entertainment are not deductible except during travel.
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Holly took a prospective client to dinner, and after agreeing to a business deal, they went to the t...
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