91405 Accounting for Partnerships - School Use
91405 Accounting for Partnerships - School Use
LearnWell Digital
This version of the resource is for school use. Teachers can facilitate, and load students from their class. If you are not using this resource in class, you should purchase the home use version.
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What you'll learn
This course‚ covers the things you'll need to know and be able to do for achievement standard‚ 91405 (Accounting 3.2) Demonstrate understanding of accounting for partnerships.
In it you'll find answers to questions like:
- What are the features of partnerships (including partnership agreement and the Partnership Act 1908)
- How do we process partnership formation entries‚ (including agreed values of assets, liabilities and capital‚ contributions)?
- How do we process distribution of profits (entries in capital and current accounts)?
- How do we process profit distribution statements, including equity sections and notes to the financial statements?
LearnWell Digital resources bring you the same great learning as in our books - but in an interactive digital format. They are accessed by using the iQualify online learning platform, where you'll find all your digital resources together in one place.
You can find out more on the information page about our LearnWell Digital resources.
