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Explain the tax consequences for both the service partner and the partnership when a contribution of services is made to the partnership.
Net Cash
The amount of cash that is available after all debts and obligations have been settled, reflecting a company's liquidity.
Investing Activities
Transactions and events related to the acquisition and disposal of long-term assets and other investments, as part of a company's financial operations.
Cash Dividend
A distribution of a company's earnings to shareholders, decided by the board of directors, and paid in the form of cash.
Net Cash
The amount of cash available after accounting for cash inflows and outflows over a certain period.
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