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Question #1.) Separately-stated items do not go on the first page of the partnership return....

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Accounting

Question #1.) Separately-stated items do not go on the first page of the partnership return.

a. On what schedule of the Form 1065 are separately-stated items reported?

b. Name at least 4 separately-stated items.

Question #3. Under what circumstances is a partnership restricted from using the cash method of accounting?

Question #5. What is the purpose of a Schedule M-2 on Form 1065?

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