Time is a vital resource that every company treasures and attempts to convert in a advantage. When choosing document management software program, pay attention to a clutterless and user-friendly interface that empowers consumers. DocHub gives cutting-edge instruments to optimize your document management and transforms your PDF editing into a matter of one click. Insert Circle to the Assignment Of Partnership Interest with DocHub in order to save a ton of efforts and improve your efficiency.
Make PDF editing an simple and intuitive operation that will save you plenty of valuable time. Quickly alter your documents and deliver them for signing without the need of looking at third-party alternatives. Focus on relevant tasks and enhance your document management with DocHub right now.
[Music] 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 counts 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 i mean 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 h