Partners and partnerships do not recognize gains under, Accounting Basics

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Partners and partnerships do not recognize gains under

Partners and partnerships do not recognize gains under section 721 when property is contributed by a partner in exchange for a partnership interests. Discuss how these rules would affect the transfer of inventory items and unrealized receivables to a partnership by a partner.

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Accounting Basics: Partners and partnerships do not recognize gains under

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Accounting Basics: Partners and partnerships do not recognize gains under

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