Employee benefits al flies for aaa airlines aaa provides

Assignment Help Accounting Basics

Reference no: EM13604443

Employee Benefits. Al flies for AAA Airlines. AAA provides its employees with several fringe benefits. Al and his family are allowed to fly on a space-available basis on AAA Airline. Tickets used by Al and his family during the year are worth $2,000. AAA paid for a subscription to two magazines published for pilots. The subscriptions totaled $80. The airline paid for Al's meals and lodging while he was away from home overnight in connection with his job. Such meals and lodging cost AAA $10,000. Although Al could not eat while flying, he was allowed to drink coffee provided by the airline. The coffee was worth about $50. AAA provided Al with free parking, which is valued at $100 per month. The irline treated Al and his family to a one-week all-expenses-paid vacation at a resort near his home. This benefit was awarded because of Al's outstanding safety record. The value of the vacation was $2,300. Which of these benefits are taxable to Al?

Reference no: EM13604443

Questions Cloud

On january 1 2010 fishbone corporation sold a building that : a on january 1 2010 fishbone corporation sold a building that cost 250000 and that had accumulated depreciation of

Cevette howard cpa controller for craig inc was reviewing : clevette howard cpa controller for craig inc. was reviewing production cost reports for the year. one amount in these

A race car moveson a circle of constant radius b if the : a race car moveson a circle of constant radius b. if the speed of the car varies with time t according to the equation

Fastball delivery company acquired an adjacent lot to : fastball delivery company acquired an adjacent lot to construct a new warehouse paying 30000 and giving a short-term

Employee benefits al flies for aaa airlines aaa provides : employee benefits. al flies for aaa airlines. aaa provides its employees with several fringe benefits. al and his

An electric dipole consists of charges 2e and -2e separated : an electric dipole consists of charges 2e and -2e separated by 0.53 nm. it is in an electric field of strength 4.60 106

If the angle is big there must be a lot of tension thus as : in the bird-on-a-wire group work example how do you expect the angle and tension to be related? remember that this is

Hint show that mzntexp-sqrnt - ln1-tsqrn and then use the : assume xngam1n and let znxn-nsqrn. show that zn converges in distribution to zn01.hint show that mzntexp-sqrnt -

An ideal gas occupies a volume of 28-cm3 at 20degc and : a an ideal gas occupies a volume of 2.8-cm3 at 20degc and atmospheric pressure. determine the number of molecules of

User Account

All Pages