Simmons partnership has three partners, all of whom follow the calendar year for their individual taxes. Simmons partnership's year end will likely be

a) October 31 since that is only three months prior to calendar year end

b) The end of any month during the year

c) January 31 but only if simmons' accounting year end is January 31

d) December 31

e) None of the above

Answer rating: 100% (QA)

d December 31 Simmons Partnerships year end will likely be December 31 Reason Sinc... View the full answer