Business, 09.11.2019 01:31 henrry9091

In 2019, robert entertains four key clients and their spouses at a nightclub. business discussions occurred over dinner and prior to the entertainment beginning. expenses were $285 (limo charge), $125 (cover charge), $1,190 (drinks and dinner), and $238 (tips to servers). if robert is self-employed, how much can he deduct for this event?

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 11:00

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Answers: 1

Answer

Business, 22.06.2019 14:20

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?

Answers: 3

Answer

Business, 22.06.2019 19:40

Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries

Answers: 3

Answer

Business, 22.06.2019 22:20

Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.

Answers: 1

Answer

You know the right answer?

In 2019, robert entertains four key clients and their spouses at a nightclub. business discussions o...

Questions

Business, 15.07.2020 23:01

On January 1, 2020, Carla Vista Corporation had retained earnings of $549,000. During the year, Carla Vista had the following selected transactions. 1...