Question: Partner A performs $5,000 of contract-type Code Sec. 707(a) services for the ABC partnership in December of 2014, but does not get paid until January

 Partner A performs $5,000 of contract-type Code Sec. 707(a) services for

Partner A performs $5,000 of contract-type Code Sec. 707(a) services for the ABC partnership in December of 2014, but does not get paid until January of 2015. A and ABC are both calendar-year taxpayers, but A is on the cash basis and ABC is on the accrual basis. When will A recognize it, and when will ABC deduct it

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