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Sales revenue $200,000 Charitable Contributions $20,000 Cost of goods sold $50,000 Repairs and Maintenance $15,000 Long-Term Capital Gains $15,000 Non-deductible fines and penalties $5,000 $25,000
Sales revenue $200,000 Charitable Contributions $20,000 Cost of goods sold $50,000 Repairs and Maintenance $15,000 Long-Term Capital Gains $15,000 Non-deductible fines and penalties $5,000 $25,000 Guaranteed payment to Tony What amount of a guaranteed payment, if any would be reported as a separately stated item on Kate's K-1 from the partnership
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Simplifying Finance And Accounting Function
Authors: Mr. Dauji Gupta
1st Edition
9353467276, 978-9353467272
