Time is a vital resource that each business treasures and tries to convert in a benefit. When picking document management application, focus on a clutterless and user-friendly interface that empowers customers. DocHub delivers cutting-edge features to optimize your document managing and transforms your PDF editing into a matter of a single click. Hide Selected Option from the Assignment Of Partnership Interest with DocHub to save a lot of efforts and boost your efficiency.
Make PDF editing an simple and intuitive process that helps save you a lot of valuable time. Easily modify your documents and give them for signing without having turning to third-party alternatives. Focus on pertinent duties and improve your document managing with DocHub starting today.
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
