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According to Wikipedia:

The President has:

  • A $400,000 salary per year
  • A $50,000 monthly expense account
  • A $100,000 non-taxable travel account
  • A $19,000 for entertainment
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Q: What is the annual expense allowance for the president?
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How much is President Obama getting paid?

The annual salary of President Obama is about $400,000, plus a $50,000 expense account.


What is the salary and the allowances for the president?

The president earns a $400,000 annual salary, along with a $50,000 annual expense account, a $100,000 non-taxable travel account and $19,000 for entertainment


What salary does the President receive?

The President of the United State's salary is approximately $400,000 per year. This continues once they have left office in the form of a pension which is equal to the cabinet secretary's pay.Yes. He is compensated at the rate of $400,000 per year. The president also receives several expense accounts.The president earns a $400,000 annual salary, along with a $50,000 annual expense account, a $100,000 non-taxable travel account and $19,000 for entertainment.


What is the current salary for a retired US President?

Since 01/01/2001, the annual salary is $400,000 per year, plus a $50,000 expense allowance. He also gets a $100,000 non-taxable travel account and $19,000 for official entertainment which is not considered to part of his salary.


The presidents salary and expense allowance equal?

$450,000


What is the presidents salary and expense allowance equal?

1 dollar


What is the presidents official salary not counting his expense allowance?

$400,000


How much president Obama makes a year?

Since 2001, the office of President of the United States has earned a $400,000 annual salary, along with a $50,000 annual expense account, a $100,000 nontaxable travel account, and $19,000 for entertainment.


Would a decrease in the allowance for doubtful accounts increase profitability?

Answer:Yes. To increase the allowance for doubtful accounts, expenses are incurred. Uncollectible accounts expense is debited, and the allowance is credited.The allowance is a buffer to absorb defaults. If the allowance is too high, the journal entry to increase the allowance is reversed. In other words, a debit to the allowance, and a credit to the uncollectible accounts expense. The reversal increases net income (as expenses are reduced).


What is the presidents pay check?

The president earns a $400,000 annual salary, along with a $50,000 annual expense account, a $100,000 non-taxable travel account and $19,000 for entertainment. (Wikipedia)


Is bad debt expense account and allowance for uncollectible account is same account?

Bad debt expense account is the actual expense account for bad debts while allowance for doubtful account is the provision for account in case of any bad debts occurs in future.


What was the US president's salary in 1995?

$200,000 was the annual base pay from 1969 until 2001.