For the following separate, independent situations indicate with a Yes if a partnership return needs to be
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Question:
For the following separate, independent situations indicate with a "Yes" if a partnership return needs to be filed. Mark with a "No" if a partnership return is not required
a. Tony and Gina form a joint venture to import goods from South Korea
b. Nancy decided to start her own private investigative business.
c. Uncle Pennybag's estate assets are pooled together until they can be distributed to the beneficiaries.
d. Howie, Dewey, and Cheatem form an LLC.
e. Flora, Fauna, and Merry weather start a child care business. No official documentsare drawn up.
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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