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The purpose of the M-1 reconciliation on the Form 1065 is to: a. Reconcile net income per the books to net income for taxes b.
The purpose of the M-1 reconciliation on the Form 1065 is to:
a. Reconcile net income per the books to net income for taxes
b. Rollforward beginning capital balances to ending capital balances
c Prove assets equal liabilities plus partners' capital
d. Disclose all separately stated items
e. None of the above
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
14th Global Edition
978-0273753872, 0273753878
