Print and Reset Form
Reset Form
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 11c . itemize:
2 income included on Schedule K, line 1 through
a tax-exempt interest $ ______________ . . . . . . . . . .
line 11c, not recorded on books this year .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
itemize . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7 Deductions included on Schedule K, line 1 through
3 Guaranteed payments (other than health insurance) . . . .
line 13e, 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 13e . 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 21a) . 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
2007
3664073
C1