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Keith_Richards [23]
3 years ago
7

Sela traveled from her home in Flagstaff to San Francisco to seek specialized medical care. Because she was unable to travel​ al

one, her father accompanied her. Total expenses​included: Hotel room en route​ ($150 times× 2 rooms times× 3​ nights):​$900 ​Mileage, 1,000 miles Doctors bills in San Francisco: ​1,600 The total medical expenses deductible before the​ 10% limitation are...
Business
1 answer:
egoroff_w [7]3 years ago
5 0

Answer:

The total medical expenses deductible before the​ 10% limitation is 2090

Explanation:

Solution

Recall that:

The Total expenses included is stated as follows:

Th Hotel room  is = $150 * two rooms * three nights

Mileage of = $900,

Miles = 1000

Doctor's bill ins an Francisco = 1,600

Now,

To next step is to find the total medical expenses deductible before the​ 10% limitation is given as follows:

Doctor's bill = 1,600

The total expenses  i hotel room is calculated as :150 * 1 *3 = 450

So,

The total = 1600 + 450 = 2050

It is also important to know that only 10% of the expense stay for the accompanied person is permitted

Therefore,

450*10% =45

Total 2050+45 = 2090

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During its first year of operations, Bramble Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 25,200
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Answer and Explanation:

The journal entries are shown below:

a.

On Jan 10

Cash Dr $100,800 (25200 shares × $4 )

              To Common Stock  $100,800

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(Being the issuance of the common stock is recorded)

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