Melanie
Level 2
12-07-2019
03:21 AM
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It was based on intellectual property/other current asset. I have decreased the capital account by allocation A for the liability side on schedule L but now as the asset is concerned and handled do I just enter 0 or do I need deplete that in a different way? If so how?
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sjrcpa
Level 15
12-07-2019
03:21 AM
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What happened to the intellectual property when the partnership dissolved? Who owns it now?
Ex-AllStar
Melanie
Level 2
12-07-2019
03:21 AM
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Nobody the patent ran out.
