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Schedule L
Balance Sheets. See the instructions for Question O before completing Schedules L, M-1, and M-2.
Beginning of income year
End of income year
Assets
(a)
(b)
(c)
(d)
Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 a trade notes and accounts receivable . . . . . . . . . .
(
)
(
)
b Less allowance for bad debts . . . . . . . . . . . . . . . .
3 Inventories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 U.S. government obligations . . . . . . . . . . . . . . . . . . .
5 tax-exempt securities . . . . . . . . . . . . . . . . . . . . . . . .
6 Other current assets. Attach schedule . . . . . . . . . . . .
7 Mortgage and real estate loans . . . . . . . . . . . . . . . . .
8 Other investments. Attach schedule. . . . . . . . . . . . . .
9 a Buildings and other depreciable assets . . . . . . . .
(
)
(
)
b Less accumulated depreciation . . . . . . . . . . . . . .
0 a Depletable assets . . . . . . . . . . . . . . . . . . . . . . . . .
(
)
(
)
b Less accumulated depletion . . . . . . . . . . . . . . . . .
Land (net of any amortization). . . . . . . . . . . . . . . . . .
2 a Intangible assets (amortizable only). . . . . . . . . . .
(
)
(
)
b Less accumulated amortization . . . . . . . . . . . . . .
3 Other assets. Attach schedule . . . . . . . . . . . . . . . . . .
4 Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Liabilities and Capital
5 Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Mortgages, notes, bonds payable in less than 1 year
7 Other current liabilities. Attach schedule . . . . . . . . . .
8 All nonrecourse loans . . . . . . . . . . . . . . . . . . . . . . . .
9 Mortgages, notes, bonds payable in 1 year or more .
20 Other liabilities. Attach schedule . . . . . . . . . . . . . . . .
2 Partners’ capital accounts . . . . . . . . . . . . . . . . . . . . .
22 Total liabilities and capital . . . . . . . . . . . . . . . . . . . . .
Schedule M-1 Reconciliation of Income per Books With Income per Return. Use total amount under California law.
If the partnership completed federal Schedule M-3 (Form 1065), see instructions.
6 Income recorded on books this year not included
Net income (loss) per books . . . . . . . . . . . . . . . . . . . . . .
on Schedule K, line 1 through line 7. Itemize:
2 Income included on Schedule K, line 1 through
a tax-exempt interest $ ______________. . . . . . . . . .
line 7, not recorded on books this year.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Itemize. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7 Deductions included on Schedule K, line 1 through
3 Guaranteed payments (other than health insurance). . . .
line 12a and line 16a, not charged against book
4 Expenses recorded on books this year not
income this year. Itemize:
included on Schedule K, line 1 through
a Depreciation $ ______________ . . . . . . . . . . . . . . .
line 12a and line 16a. Itemize:
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
a Depreciation $ ______________ . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b travel and entertainment $ ______________. . . . . . .
8 total of line 6 and line 7 . . . . . . . . . . . . . . . . . . . . . . . .
c Limited partnership tax $ ______________ . . . . . . . .
9 Income (loss) (Schedule K, line 23a). Subtract
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
line 8 from line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5 total of line 1 through line 4 . . . . . . . . . . . . . . . . . . . . . .
Schedule M-2 Analysis of Partners’ Capital Accounts
Balance at beginning of year . . . . . . . . . . . . . . . . . . . . .
6 Distributions: a Cash. . . . . . . . . . . . . . . . . . . . . . .
2 Capital contributed during year . . . . . . . . . . . . . . . . .
b Property. . . . . . . . . . . . . . . . . . . .
3 Net income (loss) per books . . . . . . . . . . . . . . . . . . . . .
7 Other decreases. Itemize . . . . . . . . . . . . . . . . . . . . . . . .
4 Other increases. Itemize . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8 total of line 6 and line 7 . . . . . . . . . . . . . . . . . . . . . . . .
5 total of line 1 through line 4 . . . . . . . . . . . . . . . . . . . . .
9 Balance at end of year. Subtract line 8 from line 5. . . . .
Side 4 Form 565
2006
3664063
C1