Partnership Accounts-Admission of a Partner

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Chapter 7: Partnership Accounts-Admission of a Partner (15 videos)
7.1: Admission of a Partner
  1. Admission of a New Partner
  2. Calculation of Sacrifice Ratio
  3. Example: Calculation of Gain or Sacrifice Ratio of old Partners
  4. Revaluation of Assets & Liabilities
  5. Goodwill on Admission: When Goodwill Account does not Exist
  6. Premium Method for the Treatment of Goodwill
  7. Revaluation and Memorandum Revaluation Method
  8. Goodwill on Admission: Where Goodwill Account already Exists
  9. Adjustment regarding Capital
  10. Treatment of Reserves on Admission of a New Partner
7.2: Problems
  1. Numerical 3: Journal Entries for Revaluation of Assets
  2. Numerical 4: Partnership-Admission of a Partner
  3. More on Numerical 4: Partnership-Admission of a Partner
  4. Numerical 5: Partnership-Revaluation Account on admission of a New Pa
  5. Numerical 6: Partnership-Balance Sheet on admission of a New Partner
 

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