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  3. indicate whether the following elections are made

Indicate whether the following elections are made by the "Partnership" or the "Individual partners". a....

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Accounting

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Indicate whether the following elections are made by the "Partnership" or the "Individual partners". a. Cost recovery methods and assumptions. b. Whether to reduce the basis of depreciable property first when excluding income from discharge of indebtedness. C. Section 179 deductions for certain tangible personal property. d. Inventory method. e. Whether to claim cost or percentage depletion for oil and gas wells. f. Whether to take a deduction or a credit for taxes paid to foreign countries and U.S. possessions

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