Chapter 15 — Partnership Accounting
Chapter 15 Outline
15.0 Why It Matters
LO 15.1 Describe the Advantages and Disadvantages of Organizing as a Partnership
LO 15.2 Describe How a Partnership Is Created, Including the Associated Journal Entries
LO 15.3 Compute and Allocate Partners’ Share of Income and Loss
LO 15.4 Prepare Journal Entries to Record the Admission and Withdrawal of a Partner
LO 15.5 Discuss and Record Entries for the Dissolution of a Partnership
