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    Exam 17: Partnerships and S Corporations
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    Longhorn Partnership Reports the Following Items at the End of the Current
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Longhorn Partnership Reports the Following Items at the End of the Current

Question 106

Question 106

Essay

Longhorn Partnership reports the following items at the end of the current year:
Longhorn Partnership reports the following items at the end of the current year:    What is the partnership's ordinary income? Which items are separately-stated? What is the partnership's ordinary income? Which items are separately-stated?

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