Question
Rebecca, a sole-proprietor, is a member at North Shore Country Club. The annual membership fee is $8,000. In 2021, she took clients golfing. The total
Rebecca, a sole-proprietor, is a member at North Shore Country Club. The annual membership fee is $8,000. In 2021, she took clients golfing. The total cost of the green fees for golf outings was $3,000. How much can she claim as a business expense on her Schedule C?
a. 0
b. 3,000
c. 8,000
d. 11,000
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Sound Investing, Chapter 18 - Significant Accounting Policies And Changes In Them
Authors: Kate Mooney
3rd Edition
0071719407, 9780071719407
