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QUESTION
Assignment Choice #1: Partnership Basis Liz and John formed the equal LJ Partnership on January 1 of the current year.
How will the partnership depreciate any assets it receives from the partners?
Show more Requirements:
Clearly identify the requirements being addressed. Show all calculations within the cells of an Excel spreadsheet. This means that you must use formulas and links so that your thought process can be examined. Make good use of comments to convey your thought process as well. No hard coding of solutions is permitted. Submit a single MS Excel file for grading.
