Question: please do all required!!! Problem 9.49 (LO 9.2) (Algo) [The following information applies to the questions displayed below] Melissa recently paid $505 for round-trip airfare

please do all required!!!
please do all required!!! Problem 9.49 (LO 9.2) (Algo) [The following information
applies to the questions displayed below] Melissa recently paid $505 for round-trip
airfare to San Francisco to attend a business conference for three days.
Melissa also paid the following expenses. $315 fee to register for the

Problem 9.49 (LO 9.2) (Algo) [The following information applies to the questions displayed below] Melissa recently paid $505 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses. $315 fee to register for the conference, $285 per night for three nights' lodging. $215 for meals in restaurants, and $185 for cab fare Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable. Problem 9-49 Part-a (Algo) a. What amount of these costs can Melissa deduct as business expenses? b. Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the sightseeing. she paid $1,970 for transportation, $1.020 for lodging, and $255 for meals during this part of her trip. which she considers personal in nature. What amount of the total costs can Melissa dedug as business expenses? c. Suppose that Melswa inde the tup to San francisco primarily to visit the national parks and only attended the business conference as an incidental benelif of being present on the coast at that time. What arnount of the airfare can Melissa deduct as a business expense? d. Suppose that Melissa's permanent residence and business were located in Son Francisco She attended the conference in San Francisco and paid $315 for the registration fee. She drove 140 miles over the course of three days and paid $175 for parking at the conference hotel In addition, she spent $500 for breakfast and dinner over the three days of the conference. She bought breakfast on the way to the conference hotel, and she bought dinner on her way home each night from the conference. What amount of these costs can Melissa deduct as business expenses? Note: Use standard mileage rate

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!