Partnerships Flashcards
1
Q
Can partnerships use the cash basis of accounting?
A
Yes, unless they have a C Corp partner that has above $25M in gross receipts
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CPA REG 2018 (W/TCJA) > Partnerships > Flashcards
Can partnerships use the cash basis of accounting?
Yes, unless they have a C Corp partner that has above $25M in gross receipts
CPA REG 2018 (W/TCJA) (30 decks)
