If you frequently work outside your workplace and accomplish tasks on the go, then DocHub is the document editing service you need. It’s a cloud solution that works on any internet-connected device, and you can work with it from anywhere. The interface is easy-to-use yet powerful, so you’ll need only a few moments to Correct symbol in Assignment of Partnership Interest and make other required updates.
Stop wasting time searching for an ideal document editor; explore DocHub now and complete your forms no matter where you are!
hello in this lecture were going to talk about partnerships and were going to talk about the selling of a partnership interest we will be able to describe the process of selling a partnership interest create the journal entry to record the sale of a partnership interest define the effect of journal entry to sell a partnership interest on the trial balance accounts and explain the effect on the capital accounts of selling a partnership interest so were going to do this by looking at a problem were going to look through the problem post the transaction see what happens to the capital counts in terms of both a trial balance as well as a format of just a worksheet type of format this is going to be our simplified accounts that we will be looking at only cash that were going to have only asset that we will have will be cash only liability accounts payable and then we will have our capital accounts this is where we will be focusing on and then we have the income statement down here note
