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A distribution of cash to a partner was greater than his basis in the partnership. How would this distribution be treated by the partner, assuming the distribution is not a liquidating distribution?
Supplies
Materials, equipment, or other items required for the operation of a business or the completion of a task.
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Systems that do not interact with the environment outside of themselves, limiting the exchange of matter or energy.
External Environment
Outside forces and conditions that influence the operations and outcomes of an organization or system.
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Communities where people live and work together, often sharing common interests, property, possessions, and values, usually outside of mainstream society.
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