Could monica have spent more time than she didvacationing, Accounting Basics

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Could monica have spent more time than she didvacationing

Monica travels from her office in Boston to Lisbon,Portugal, on business. Her absence of 13 days was spent as follows:

Thursday Depart for and arrive at Lisbon
Friday Business transacted
Saturday and Sunday Vacationing
Monday through Friday Business transacted
Saturday and Sunday Vacationing
Monday Business transacted
Tuesday Depart Lisbon and return to office in Boston

a. For tax purposed, how many days has Monica spent onbusiness?

b. What difference does it make?

c. Could Monica have spent more time than she didvacationing on the trip without loss of existing tax benefits? Explain.

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Accounting Basics: Could monica have spent more time than she didvacationing

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Accounting Basics: Could monica have spent more time than she didvacationing

Reference No:- TGS0597907

Recent Questions Asked Accounting Basics

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