会计英语第十一章PPT课件.pptVIP

Admission of a Partner When the makeup of the partnership changes, the partnership is dissolved. A new partnership may be immediately formed. New partner acquires partnership interest by: Purchasing it from the present partners, or Investing assets in the partnership. Purchase of Partnership Interest A new partner can purchase partnership interest directly from the existing partners. The cash goes to the partners, not to the partnership. To become a partner, the new partner must be accepted by the current partners. Purchase of Partnership Interest Red agrees to sell Blue $10,000 of her partnership interest for $25,000. Investing Assets in a Partnership The new partner can gain partnership interest by contributing assets to the partnership. Remember that the new assets will increase the partnership’s net assets. After this entry, both assets and equity will increase. Investing Assets in a Partnership Greene and Red agree to accept Blue as a partner upon his investment of $30,000 cash in the partnership. Bonus to Old or New Partners Bonus to Old or New Partners Bonus to Old or New Partners Bonus to Old or New Partners Withdrawal of a Partner A partner can withdraw in two ways: The partner can sell his/her partnership interest to another person. The partnership can distribute cash and/or other assets to the withdrawing partner. Bonus to Old or New Partners Bonus to Old or New Partners Liquidation of a Partnership Capital Deficiency Capital Deficiency Capital Deficiency Capital Deficiency Capital Deficiency Capital Deficiency Capital Deficiency * Chapter 11 Accounting for Partnership 合伙企业会计 A new partnership agreement must be prepared that identifies the allowances and profit sharing basis. A new partnership agreement must be prepared that identifies the allowances and profit sharing basis. Bonus to Old Partners When the value of a partner’s investment is greater than the acquired amounts of equity, the old partners usually require a new partner to pay a