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    Exam 21: Partnerships
  5. Question
    Partners' Capital Accounts Must Be Determined Using the Same Method
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Partners' Capital Accounts Must Be Determined Using the Same Method

Question 146

Question 146

True/False

Partners' capital accounts must be determined using the same method on Form 1065 Schedule L, Form 1065 Schedule M-2, and the Schedules K-1 prepared for the partners.

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