Presentation is loading. Please wait.

Presentation is loading. Please wait.

BUSINESS HIGH SCHOOL-ACCOUNTING II

Published byHerman Sudjarwadi Modified over 6 years ago

Similar presentations

Presentation on theme: "BUSINESS HIGH SCHOOL-ACCOUNTING II"— Presentation transcript:

1 BUSINESS HIGH SCHOOL-ACCOUNTING II
Partnerships: Division of Profits and Losses Chapter 15 Methods Used Equal Share Fractional Share Ratio of Capital Investment Interest Allowance Salary Allowance Partnership Financial Statements Statement of Changes in Partners’ Equity Accounting II Essential Learning Expectations-Chapter 15: Net Income or Loss for a partnership can be allocated among partners using any one, or a combination of the following methods: equally, fractional share, ratio of capital investment, based on salary allowance, and based on interest allowance. The division of Net Income or Loss among partners is reported on the Statement of Changes in Partners’ Equity. Content Vocabulary: Fractional-Share Basis Interest Allowance Ratio of Capital Investment Salary Allowance

Download ppt "BUSINESS HIGH SCHOOL-ACCOUNTING II"

Similar presentations

Partnerships Chapter 12. Objective 1 Identify the Characteristics of a Partnership.

Partnerships Chapter 12. Objective 1 Identify the Characteristics of a Partnership.
15 - 1 ©2003 Prentice Hall Business Publishing, Advanced Accounting 8/e, Beams/Anthony/Clement/Lowensohn Partnerships – Formation, Operations, and Changes.

©2003 Prentice Hall Business Publishing, Advanced Accounting 8/e, Beams/Anthony/Clement/Lowensohn Partnerships – Formation, Operations, and Changes.
Sample Problem Problem 19.3A. Samantha Gaddis and Patty Lane own The Blossom Flower Shop. The partnership agreement provides that Gaddis can withdraw.

Sample Problem Problem 19.3A. Samantha Gaddis and Patty Lane own The Blossom Flower Shop. The partnership agreement provides that Gaddis can withdraw.
FA3 Cameron Morrill I. H. Asper School of Business University of Manitoba.

FA3 Cameron Morrill I. H. Asper School of Business University of Manitoba.
15 - 1 ©2003 Prentice Hall Business Publishing, Advanced Accounting 8/e, Beams/Anthony/Clement/Lowensohn Partnerships – Formation, and Operations Chapter.

©2003 Prentice Hall Business Publishing, Advanced Accounting 8/e, Beams/Anthony/Clement/Lowensohn Partnerships – Formation, and Operations Chapter.
© 2010 Prentice Hall Business Publishing, College Accounting: A Practical Approach, 11e by Slater Partnerships Chapter 17.

© 2010 Prentice Hall Business Publishing, College Accounting: A Practical Approach, 11e by Slater Partnerships Chapter 17.
19-1 1-1 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
12 - 1 ©2002 Prentice Hall, Inc. Business Publishing Accounting, 5/E Horngren/Harrison/Bamber Partnerships Chapter 12.

©2002 Prentice Hall, Inc. Business Publishing Accounting, 5/E Horngren/Harrison/Bamber Partnerships Chapter 12.
Introduction to Partnerships & Financial Statements and Liquidation of a Partnership Chapters 27 & 28.

Introduction to Partnerships & Financial Statements and Liquidation of a Partnership Chapters 27 & 28.
Financial Accounting Dave Ludwick, P.Eng, MBA, PMP, PhD Chapter 14 Partnerships.

Financial Accounting Dave Ludwick, P.Eng, MBA, PMP, PhD Chapter 14 Partnerships.
ACCOUNTING FOR PARTNERSHIPS UNIT 10. ILLUSTRATION 10-1 PARTNERSHIP CHARACTERISTICS Unlimited Liability Partnership Form of Business Organization Association.

ACCOUNTING FOR PARTNERSHIPS UNIT 10. ILLUSTRATION 10-1 PARTNERSHIP CHARACTERISTICS Unlimited Liability Partnership Form of Business Organization Association.
ILLUSTRATION 13-1 PARTNERSHIP CHARACTERISTICS

ILLUSTRATION 13-1 PARTNERSHIP CHARACTERISTICS
© The McGraw-Hill Companies, Inc., 2007 Appendix D Accounting for Partnerships.

© The McGraw-Hill Companies, Inc., 2007 Appendix D Accounting for Partnerships.
Partnerships CHAPTER 9 Electronic Presentations in Microsoft® PowerPoint®

Partnerships CHAPTER 9 Electronic Presentations in Microsoft® PowerPoint®
1 Overview of Partnerships. 2 Learning Objectives What is Partnership? Types of Partnerships and its characteristics. Accounting Practices in Partnerships.

1 Overview of Partnerships. 2 Learning Objectives What is Partnership? Types of Partnerships and its characteristics. Accounting Practices in Partnerships.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 23-2 Distribution of Net Income and Owners’ Equity Statements.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 23-2 Distribution of Net Income and Owners’ Equity Statements.
4B Partnerships. Partnerships 4B When a Sole Trader wants to expand the business but has insufficient capital, one option is to look for a business partner(s)

4B Partnerships. Partnerships 4B When a Sole Trader wants to expand the business but has insufficient capital, one option is to look for a business partner(s)
Partnership Accounting

Partnership Accounting
1 Accounting For Partnership Learning Outcomes:  Understand the concept of partnership  Understand the journal entries for the formation of partnership.

1 Accounting For Partnership Learning Outcomes:  Understand the concept of partnership  Understand the journal entries for the formation of partnership.
FINANCING Part 1: Partnerships CHAPTERS 13-16 Kinds 1. General All partners have unlimited liability 2. Limited Only one partner has limited liability,

FINANCING Part 1: Partnerships CHAPTERS Kinds 1. General All partners have unlimited liability 2. Limited Only one partner has limited liability,

Similar presentations

Ads by Google