subject
Business, 26.07.2019 17:30 blueheeter1461

Stork associates paid $60,000 for a 20-seat skybox at veterans stadium for eight professional football games. regular seats to these games range from $80 to $250 each. at one game, an employee of stork entertained 18 clients. stork furnished food and beverages for the event at a cost of $1,300. the game was preceded by a bona fide business discussion, and all expenses are adequately substantiated. how much may stork deduct as an entertainment expense for this event?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 17:20
States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will
Answers: 1
question
Business, 22.06.2019 19:30
He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31
Answers: 2
question
Business, 22.06.2019 20:00
If a government accumulates chronic budget deficits over time, what's one possible result? a. a collective action problem b. a debt crisis c. regulatory capture d. an unfunded liability
Answers: 2
question
Business, 23.06.2019 02:10
Which of the following most accurately describes how the equilibrium price of a good or service can be determined? a. by moving the supply curve right or left until it matches the demand curve. b. by finding where the supply curve and the demand curve intersect. c. by doing market research to determine the maximum price consumers will pay. d. by taking the opposite of the columns in a supply schedule and a demand schedule.
Answers: 2
You know the right answer?
Stork associates paid $60,000 for a 20-seat skybox at veterans stadium for eight professional footba...
Questions
question
English, 15.01.2021 17:40
question
Mathematics, 15.01.2021 17:40
question
Mathematics, 15.01.2021 17:40
question
Chemistry, 15.01.2021 17:40
Questions on the website: 13722359