Net income-loss on its analysis of income, Accounting Basics

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Net income-loss on its analysis of income

BCD partners reported the following items on the partnership's Schedule K: ordinary income 72,000, interest income 5,000 long-term captial gain 8,000 chartiable contributions 3,000 and cash distributions to parnters 20,000. How much will BCD show as net income (loss) on its Analysis of Incom (Loss)?

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Accounting Basics: Net income-loss on its analysis of income

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Accounting Basics: Net income-loss on its analysis of income

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