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Business, 23.12.2021 05:30 kawtharALSAMARY

4. (a) C and D are equal partners in the CD partnership. C starts the year with an AB of 400 in the partnership while D starts the year with an AB of 700. The partnership distributes cash of 500 to C and land, AB 300 FMV 500 to D. The partnership thereafter continues operations. What consequences

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4. (a) C and D are equal partners in the CD partnership. C starts the year with an AB of 400 in the...
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