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Samridhh Fincoach

Learning - The Smart Way

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Samridhh Fincoach

Learning - The Smart Way

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Partnership Accounts Index

Article Index

Partnership Accounts
- Fundamentals
  - Basics
    - What is partnership
    - Provisions applicable in the absence of partnership Deed
  - Profit Appropriation
  - Partner Capital Account
    - Partner Capital A/c
    - Interest on Capital in Partnership
  - Interest on Loan
    - Interest on Loan by partner to Firm
    - Interest on Loan by firm to Partner
  - Rectification of errors
    - Past Adjustments in Partnership Accounts
  - Drawings
    - Interest on Drawings
  - Gurantee of Profits
    - Guarantee of Profits in Partnership Accounts
- Goodwill
  - Meaning
    - Meaning of Goodwill in Partnership Accounts
  - Purchased vs Self Generated
    - Difference between Purchased Goodwill and Self Generated Goodwill
  - Tangible vs Intangible Assets
    - Tangible and Intangible assets
  - Factors affecting Goodwill
    - Factors affecting Goodwill of a business
- Reconstitution
  - Ratios on Reconstitution
  - Reserves
    - Workmen Compensation Reserve in partnership Accounts
    - Investment Fluctuation Reserve in Partnership Accounts
  - Adjustments
- Admission of a Partner
  - Meaning
    - Meaning of Admission of a Partner in Partnership Firm
    - Effects of admission of one or more new partners in a partnership firm
  - Goodwill
    - Accounting for goodwill on admission of a new partner.
- Retirement of a Partner
  - Meaning
    - Retirement of a Partner – Meaning and Effects
  - Goodwill
    - Goodwill Accounting on retirement of a partner

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