Question
Therese operates an accounting practice andis alsoemployed part- timeasalectureratcollege.Sheuseshercarforbothherbusinessandto travel to college. Durinp the year, Therese maintained a valid logbookfor12consecutive weeks whichdisclosedthefollowing: Travelfrom hometooffice 2,135km
Therese operates an accounting practice andis alsoemployed part- timeasalectureratcollege.Sheuseshercarforbothherbusinessandto travel to college. Durinp the year, Therese maintained a valid logbookfor12consecutive weeks whichdisclosedthefollowing:
- Travelfrom hometooffice 2,135km
- Travelfromhometocollegeforlecturing 1,045km
- Traveltocityforaccountingconferencesfromoffice 620km
- Privateweekendtravel 1,180 km
- Traveltoclientsforbusiness 1,860km
- Travelfromofficetocollegeforlecturing 580km
- Travelfromcollegetohome 1,410km
Calculate the business use percentage according to Therese's logbook.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., M. Suzanne Oliv
9th Edition
130898414, 9780132997379, 978-0130898418, 132997371, 978-0132569309
