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ACC 2205 Henry entertains several of his clients on January 1 of the current year at a private supper club

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June 7th, 2024

Henry entertains several of his clients on January 1 of the current year at a private supper club, of which he is a member. Expenses paid by Henry are as follows:Cab fare$ 60Club membership dues for January. He had no other meals at the club in January.200Dinner at club800Tips to waiter160Presuming proper substantiation, Henry’s deduction is:$1,220$1,020$540$460None of the above.

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