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