Partnership accounting

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Managerial Accounting
0 hour 42 min
12 May 2021
111 MB
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Elirehema

I am Elirehema , i love teaching accounting courses to anyone who is interested to learn from me, i do online and offline.
The balance sheet of a company that operates as a partnership has the same basic outline as the balance sheet of a corporation. Both types have three sections: assets, liabilities and equity. By definition, both types must balance: The assets must equal the liabilities plus the equity.
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