Time is a vital resource that every enterprise treasures and attempts to transform into a gain. When selecting document management software, take note of a clutterless and user-friendly interface that empowers consumers. DocHub offers cutting-edge instruments to improve your document management and transforms your PDF file editing into a matter of a single click. Insert Watermark into the Assignment Of Partnership Interest with DocHub in order to save a ton of time as well as increase your productivity.
Make PDF file editing an simple and easy intuitive operation that will save you plenty of valuable time. Easily modify your documents and send them for signing without the need of switching to third-party software. Concentrate on pertinent duties and increase your document management with DocHub right now.
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
