Lecture Principles of financial accounting - Chapters 12: Accounting for partnerships
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After studying chapter 12 you will be able to understand: Identify characteristics of partnerships and similar organizations, compute partner return on equity and use it to evaluate partnership performance, prepare entries for partnership formation, allocate and record income and loss among partners, account for the admission and withdrawal of partners, prepare entries for partnership liquidation.
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Lecture Principles of financial accounting - Chapters 12: Accounting for partnerships
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Lecture Principles of financial accounting - Chapters 12: Accounting for partnerships
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