Business and Accounting Assignment | Professional Essay Writers
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 has organizational expenses of $53,000, What is the total amortization expenses that can be deducted by the partnership if it begins business on November 10? Get Business help Today