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1. Accounts receivable of an accrual basis partnership are not included in inventory in determining if the inventory is appreciated T/F 2. For federal Income
1. Accounts receivable of an accrual basis partnership are not included in inventory in determining if the inventory is appreciated T/F 2. For federal Income tax purposes, a Partnership does not include a Joint Venture. T/F 3. For federal Income tax purposes, a Partnership can have a corporation as a partner. T/F
T/F
2. For federal Income tax purposes, a Partnership does not include a Joint Venture.
T/F
3. For federal Income tax purposes, a Partnership can have a corporation as a partner.
T/F
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