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Partnership Accounting#366919

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Credit
Amount
CPA
1

Course Description

Course publication/revision date: This course was updated on 6/21/2019.

This course shows the accountant how to set up and operate an accounting system for a partnership. It focuses on the accounting for all types of transactions that are unique to a partnership, including the contribution of funds to a partnership, capital accounts, the allocation of profits and losses to partners, the admission of a new partner into a partnership, and the liquidation of a partnership.