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Operating Transactions How do I make appropriate adjustments following the trasactions? 1) the partnership earns $600 of operating income under 702(a)(8): 2) the partnership receives

Operating Transactions How do I make appropriate adjustments following the trasactions?

1) the partnership earns $600 of operating income under 702(a)(8):

2) the partnership receives $100 of bond interest tax exempt under under Section 103

3)the partnership recognizes a $40 capital loss, assuming that Alva's current deduction for theloss is disallowed by Section 1211

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