Question 1 0 I 1 0 pts In the case of Welsh v. Helvering. 290 U.S. 111 [1933}. 'dwe Court's main point was: C To establish whether the payments were necessary and ordinary. C To decide whether payments for prior debts are deductible C "o establish what is a necessary and ordinary business expense C 'o establish whether the payments were ordinary r "o establish whether the payments were necessary Read the case again! Question 2 0 r 10 pts Midland Empire Packing Co. v Commissioner. 14 T.C. 535 {1950} deals with the following: C Determining whether something is capital or an expense in nature. F To determine whether an expense is necessary and ordinary C To determine whether an expenditure is a capital improvement. increasing the value of the underlying WON'T? (:- All of the above Read the case again