Question
Charitable contributions made by a partnership are not deductible by the partnership but pass out as a separately stated item to the partners and are
Charitable contributions made by a partnership are not deductible by the partnership but pass out as a separately stated item to the partners and are only deducible by individual partners, if the individual partner itemizes. True or False?
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Financial Accounting an introduction to concepts, methods and uses
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
13th Edition
978-0538776080, 324651147, 538776080, 9780324651140, 978-0324789003
