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1.) True or False Partnerships pay no income tax. 2.) True or False? Recording accrued revenue would require a debit to cash. 3.) True or
1.) True or False
Partnerships pay no income tax.
2.) True or False?
Recording accrued revenue would require a debit to cash.
3.) True or False?
Recording an accrued expense would require crediting a liability account
4.) True or False?
Whenjournalizingthe formation of a partnership, assets must be recorded at cost
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