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Partnership Accounts/Accounting - study notes, problems solutions, question answers
Study Notes
Partnership - Definition, Features, Partner, Firm, Firm Name
What do we account for? In what way is it different?
Profit and Loss Appropriation
Partnership Deed - Relationship between Partners
Profit Sharing Ratio, Interest on Capital and Drawings,
Commission before & after Charging
Fixed, Fluctuating Capitals; Partners Current Accounts
Guarantees made by/to one or more partners
Past Adjustments - Re appropriations
Past Adjustments - Error Rectifications
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PAC
Study Notes