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Please make your answer look similar to how it'd look on the actual form Asha, Kamal, and Malik formed a General Partnership making and selling
Please make your answer look similar to how it'd look on the actual form
Asha, Kamal, and Malik formed a General Partnership making and selling custom goods. They named the partnership "Global Provisions" and agreed to split profits and losses equally. The partnership was formed and began operations on January 1, 2022. For the first year of operations, the partnership has the following results: Requirements Prepare the partnership's 2022 Form 1065 pages 1 and 4 (Schedule K). Prepare the 2022 Schedule K-1 for Kamal. In Part II of the K-1, you only need to show the partner's name, you do not need to complete the other lines. Check Figure: Ordinary business income is $(18,586)
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