ACC 455 Week 5 Learning Team Assignment

Learning Team Week Five Problem Set

Complete the problems found in Ch. 9, 10, & 11 of Federal Taxation 2010: Corporations with your Learning Team.

C:9-32 Problem Partnership Income and Basis Adjustments (Ch. 9)

C:11-37 Problem Determination of Pass-Throughs and Stock Basis Adjustments (Ch. 11)

C:10-1 Discussion Question (Ch. 10)

C:11-31 Problem Termination of the Election (Ch. 11)

C:11-56 Comprehensive Problem Comparison of Entity Formations (Ch. 11)

Read the scenario and respond to the questions.

Support your answers with calculations, as needed.

Show your work.

Submit your completed assignment as a Microsoft Excel, a Microsoft Word, or a PDF document.