Question: MED PARTNERHSIP LIQUIDATION #2 A partner's beginning basis in a partnership is $ 2. The partner's share of earnings for the period are $ 19;
MED PARTNERHSIP LIQUIDATION #2
A partner's beginning basis in a partnership is $ 2. The partner's share of earnings for the period are $ 19; partner withdawals are $ 5, and the partner's share of the increase in liabilities is $ 4. What is the partner's ending basis in the partnership?
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