Henry entertains several of his key clients on january 1 of, Ask an Expert

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Henry entertains several of his key clients on January 1 of the current year. Expenses paid by Henry are as follows:

Cab fare $ 60
Cover charge at supper club 200
Dinner at club 800
Tips to waiter 160

Presuming proper substantiation, Henry's deduction is:

a) $1,220.

b) $740.

c) $640.

d) $610.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M977350

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