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1. What types of items should be separately stated on Schedules K and K-1? 2.The partnership has ordinary income of $100,000before the payment of a guaranteed payment of $30,000 to Partner A. Partners A and B are 50-50 partners. What is the total income to Partner A and B for the year? 3.If a partnership … Continue reading “Business and Accounting Assignment | Professional Essay Writers”
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