sorry which language I can't help
Answer:
Susan Barnes
Total deductible business expenses:
= $1,300.
Explanation:
a) Data and Calculations:
Dates for business meetings = July 1st and 2nd
Flight charge = $480
Lodging for 3 days = $600 ($200 *3)
Meals for 3 days:
6/30: $40;
7/1: $70;
7/2: $70
7/5: $40
Total for meals = $220
Total business expense = $1,300 ($480 + $600 + $220)
b) According to the IRS (Internal Revenue Service), business expenses have been defined as any expenses that are "helpful and appropriate" for a business. This definition excludes lodging and meal expenses incurred by Susan on July 3rd and July 4th, when she takes personal time.
Answer:
Depletion $ 2,000,000 (debit)
Accumulated Depletion $ 2,000,000 (credit)
Explanation:
Salter Mining Company must use the Depletion Unit Method to provide for <em>usage</em> of Mine.
Depletion for the year = (Cost of Asset - Residual Value)/ Expected Total Contents in Units × Number of Units Taken During the Period
Thus Depletion for the year, = ( $91 million-$6.4 million)/ 1,880,000 tons × 60,000 tons
= $ 84,600,000 / 1,880,000 × 60,000
= $ 2,000,000
When boating on a river, you might encounter these strainers and the danger of these strainers is that they can possibly trap your boats and throw the passengers out of the boat. Strainer is the term that describes anything that obstructs the way in the river such as logs, or wire fence.
