Time is a crucial resource that each business treasures and attempts to turn in a gain. When picking document management application, be aware of a clutterless and user-friendly interface that empowers customers. DocHub offers cutting-edge tools to optimize your file management and transforms your PDF editing into a matter of a single click. Remove Checkmark to the Assignment Of Partnership Interest with DocHub to save a ton of time and improve your productiveness.
Make PDF editing an simple and intuitive operation that helps save you plenty of precious time. Easily change your files and send out them for signing without having turning to third-party solutions. Give attention to pertinent tasks and boost your file 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