Partnership Liquidation Chart

Описание к видео Partnership Liquidation Chart

This video demonstrates how to complete a partnership liquidation chart. Here are a few tips to remember as you work on conquering this concept:

Gains/Losses are allocated according to the profit/loss ratio
Cash disbursements are made according to the partners' ending capital balances

Want more?
Partnership liquidation showing how to handle a deficit when the remaining partners absorb the deficit:    • Partnership Liquidation Chart (Deficit)  
Visit our website for blank sheets: https://www.tlctutoringcompany.com/pa...

Happy studying!

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