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What can partners contribute to establish a capital account?

Partnerships do not have to pay business taxes but instead the profits and losses are "passed through" to the individual general partners. What can be "passed Through"?

What Tax document is the ratio found in?

What are two examples of different income ratios and explain why they differ.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92793843

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