Time is an important resource that every company treasures and tries to change into a reward. When choosing document management application, focus on a clutterless and user-friendly interface that empowers customers. DocHub offers cutting-edge tools to maximize your document administration and transforms your PDF editing into a matter of a single click. Insert Image into the Assignment Of Partnership Interest with DocHub in order to save a ton of time and enhance your productivity.
Make PDF editing an simple and easy intuitive operation that helps save you a lot of precious time. Effortlessly modify your documents and send them for signing without turning to third-party options. Focus on relevant tasks and boost your document administration 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