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Which one of the following is not a deductible expense in computing partnership ordinary income? a. Guaranteed payments to partners b. Salaries and wages paid
Which one of the following is not a deductible expense in computing partnership ordinary income?
a. Guaranteed payments to partners
b. Salaries and wages paid to persons who are not partners
c. Investment interest
d. Contributions to employee benefit plans
e. All of the above are deductible in computing partnership ordinary income
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