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A partners interest in a partnership is decreased by: a.The partner's share of tax-exempt income earned by the partnership. b.Contributions of cash from the partnership
A partners interest in a partnership is decreased by:
a.The partner's share of tax-exempt income earned by the partnership.
b.Contributions of cash from the partnership to the partner.
c.Debt relief that a partner experiences when contributing to the partnership property subject to a liability.
d.Increases in the partner's share of the partnership liabilities.
e.None of these choices are correct.
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