Form 1065 (2003) Page 2. Summary: This is an example of Form 1065 (2003), page 2 with items included as described in the text. Additionally, these
line items are
completed:
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Under
“Schedule A: Cost of Goods Sold (see page 19 of the instructions)”:
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“9a. Check all methods used for valuing closing inventory: (ii) Lower of cost or market as described in Regulations section
1.471-4”
checkbox checked
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“9d. Do the rules of section 263A (for property produced or acquired for resale) apply to the partnership? No” checkbox
checked
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“9e. Was there any change in determining quantities, cost, or valuations between opening and closing inventory? If Yes, attach
explanation.
No” checkbox checked
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