User Account

All Pages

How much of paul expenses qualify as deductible travel

Assignment Help Accounting Basics
Reference no: EM131761439

Question - Paul travels from Sacramento to Orlando to attend a 3-day business conference. He decides to stay an extra day to do some sight-seeing. His round-trip airfare was $520, the hotel was $125 per night in which he stayed 3 nights for the conference plus the extra night. He spent $300 in meals during the conference and $45 during his tour of the city. He rented a car for the entire 4-day trip at $30 per day. How much of Paul's expenses qualify as deductible travel expenses?

Reference no: EM131761439

Questions Cloud

Discuss tobacco abuse and related health care costs : How would a tobacco company account for the social costs created by tobacco abuse and related health care costs
What is the cash realizable value of the accounts receivable : At the end of 2016, Oriole Company has accounts receivable of $739,500 and an allowance for doubtful accounts of $23,560.
What types of deductions might gerbeuses be rightly entitled : What types of deductions/expenses might Mr. Gerbeuses be rightly entitled to; what types of deductions/expenses may provide opportunity for abuse?
Answer with information from the course : Describe what you would do. Support your answer with information from the course.
How much of paul expenses qualify as deductible travel : He rented a car for the entire 4-day trip at $30 per day. How much of Paul's expenses qualify as deductible travel expenses
Founders be in a daycare center : What would the influence by the founders be in a daycare center?
Calculate the rate for the current year : a single predetermined overhead application rate based on direct labor hours. Calculate the rate for the current year
Identify the primary skills that managerial accountants need : Identify the primary skills that managerial accountants need to be successful, discussing why those skills are considered most important.
What are the input price and quantity variances for dough : Pietro's Pizza has established the following standards for making one pizza: Dough: 0.45 pounds at $1 per pound Labor: 0.25 hours at $12 per hour.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd