Problem 3-9 (Algorithmic)Travel Expenses (LO 3.4)Joan is a self-employed attorney in New York City. Joan took a trip to San Diego, CA, primarily for business, to consult with a client and take a short vacation. On the trip, Joan incurred the following expenses:Airfare to and from San Diego$ 750Hotel charges while on business600Meals while on business180Car rental while on business90Hotel charges while on vacation840Meals while on vacation198Car rental while on vacation180Total$2,838 Calculate Joan's travel expense deduction for the trip, assuming the trip was made in 2018. $

Answered: Problem 3-9 (Algorithmic)Travel…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Problem 3-9 (Algorithmic)
Travel Expenses (LO 3.4)

Joan is a self-employed attorney in New York City. Joan took a trip to San Diego, CA, primarily for business, to consult with a client and take a short vacation. On the trip, Joan incurred the following expenses:

Airfare to and from San Diego	$ 750
Hotel charges while on business	600
Meals while on business	180
Car rental while on business	90
Hotel charges while on vacation	840
Meals while on vacation	198
Car rental while on vacation	180
Total	$2,838

Calculate Joan's travel expense deduction for the trip, assuming the trip was made in 2018.
$

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