Memorandum Findings of Fact and Opinion
TANNENWALD, Judge:
Respondent determined a deficiency in income tax against the petitioners of $12,992.22 for the taxable year 1968. The following issues remain:
1. Whether petitioners were entitled to deduct certain bad debts in 1968;
2. Whether petitioners were entitled to deduct, as sales promotion and travel and entertainment expenses, amounts in excess of that allowed by respondent; and
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