Eloise is a sales representative for a video production company. While at an exposition, she incurs $2,000 in entertainment expenses and $1,200 for meals. The expenses occur while she is discussing business and Eloise makes an adequate accounting to her employer and is reimbursed $1,200 . How much may Eloise deduct if her AGI is $40,000?

a. $- 0 -
b. $1,200 for AGI and $200 from AGI.
c. $1,200 for AGI and $2,000 from AGI.
d. $- 0 - for AGI and $200 from AGI.
e. $- 0 - for AGI and $1,000 from AGI.


b

Business

You might also like to view...

Income taxes payable is a current liability

a. True b. False Indicate whether the statement is true or false

Business

Which of the following is the survey method that now surpasses all other survey modes?

A) Person-administered surveys B) Computer-administered surveys C) Hybrid surveys D) Self-administered surveys E) Mixed-media surveys

Business

The %TYPE declaration instructs the system to assign the variable data type based on the underlying table column data type at runtime.

Answer the following statement true (T) or false (F)

Business

What encompasses all organizational information with the primary purpose of supporting the performance of managerial analysis or semistructured decisions?

A. OLAP B. Analytical information C. Transactional information D. OLTP

Business