Having complete control over your files at any moment is vital to ease your daily duties and improve your efficiency. Achieve any goal with DocHub tools for papers management and practical PDF editing. Access, modify and save and integrate your workflows along with other safe cloud storage services.
DocHub gives you lossless editing, the possibility to work with any formatting, and securely eSign documents without the need of looking for a third-party eSignature software. Get the most from the document managing solutions in one place. Check out all DocHub capabilities right now with the free of charge account.
good day welcome to another session of organizations today we are going to continue our series on partnership and we are going to look at partnership dissolution or the solution of partnership business the accounting procedures that are involved when a partnership wants to go into the solution okay now what you have to understand about the solution is that the solution of partnership simply means that the partnership is going to cease to exist they are dissolving the business the business will no longer exist and when you are winding up a business like that what are some of the things that are inherent in the you are seizing operations you are no longer going to exist then it means that ideally if the partners are two or three or then no matter the number of partners what you have to do is that you sell off all your assets pay off all your liabilities and the remaining cash will now be shared between the partners or among their partners according to their capital contributions this ti