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Hazel lynn and Chloe formed hl&c a general partnership as equal partners. Hazel contributed $50000 cash. Lynn contributed $20000 cash and property with 20000 basis
Hazel lynn and Chloe formed hl&c a general partnership as equal partners. Hazel contributed $50000 cash. Lynn contributed $20000 cash and property with 20000 basis and fmv of $30000. Chloe contributed property with basis of $38000 and fmv of 50000. The partnership made $85000 ordinary income. What is Hazels Tax cait account
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
3rd Canadian edition
1-119-40285-5, 111940276X, 978-1119566007
