Jenny operates an editorial service that often entertains prospective authors to encourage them to use Jenny's service. This year Jenny paid $3,000 for the cost of meals and $6,200 for the cost of entertaining authors. Describe the conditions under which Jenny can deduct a portion of the cost of the meals as a business expense For the toolbar.press ALTF10PC) or ALTFNF10 (Mac) BTU 6 Paragraph Arial 10pt VA IO 5. xx, 88 T The TT 35 3B C D <: b wonds powered by tiny question points ver explain wheri an expenditure should be based upon accounting principles. from time to it is suggested that all business expenditures deducted when incurred for tax purposes. do you agree with this proposition and if so why the toolbar press alt f10 or alt.ff10 mac save in january rain purchased a new machine use existing production line of his manufacturing assume unit property not material supply pays install after th installed she perform critical test on ensure will operate accordance desired quality standards november complete places service december another periodic control testing placed service. how much required capitalize as cost>