What is the total deductible amount of these expenditures


Paris operates a talent agency as a sole proprietorship, and this year she incurred the following expenses in operating her talent agency. What is the total deductible amount of these expenditures?

$1,000 dinner with a film producer where no business was discussed
$500 lunch with sister Nicky where no business was discussed
$700 business dinner with a client but Paris forgot to keep any records
$900 tickets to the opera with a client following a business meeting

 

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Accounting Basics: What is the total deductible amount of these expenditures
Reference No:- TGS059749

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