Partnership Dissolution - Incorporation of a Partnership

Partnership Dissolution - Incorporation of a Partnership
Learn to prepare journal entries for incorporation of a partnership.
Time stamps:
00:00 Introduction
12:52 Problem Solving - Introduction
17:40 Preparation of Adjusting Entries
26:17 Computation of Adjusted Account Balances
32:30 Journal Entries to Incorporate the Partnership
Source Material:
Advanced Financial Accounting Volume 1 by Sir Antonio J. Dayag
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Basic Accounting Playlist:
• Basic Accounting - The...
Partnership and Corporation Accounting Playlist:
Partnership: • Partnership Formation ...
Corporation: • Accounting for Corpora...
Conceptual Framework and Accounting Standards Playlist:
• Statement of Financial...
Intermediate Accounting Playlist:
• Petty Cash Fund - Impr...
Accounting for Special Transactions (Advanced Accounting) Playlist:
• Partnership Formation ...
Cost Accounting Playlist:
• Cost Accounting - Cost...
Management Advisory Services Playlist:
• Various Classification...
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#PartnershipDissolution #JournalEntries #IncorporationOfaPartnership

[@daisyree2342]

The names of partners added my interest watching this video, I love Attack on Titan too and
Thank you so much Sir, this video was a great help for my report , hope it will turn out good.

[@FilipinoAccountingTutorial]

Wow you are a fan of Shingeki no Kyojin too! ❤️ Im a fan of Levi and Hange. We wish you all the best in your report! 🙂 hope this video will help you 🙂

[@nm-ji3si]

hi po! may tanong lang po ako, bakit po nung in-open yung sa corporation books po hindi naka net ang A/R? lagi po bang iiwan yung allowance for bad debts kahit sa corp books na po?

[@rogernedira6895]

Thank you so much po sir 😊 dami kong natutunan 🤗

[@FilipinoAccountingTutorial]

You're welcome, roger 🙂 mag aral nang mabuti ❤️

[@charitoobien7182]

The discussion is very clear. Thank you po.

[@FilipinoAccountingTutorial]

You're welcome, charito 🙂 Hope this video will help ❤️ Mag aral nang mabuti 🙂

[@darlenecasero3083]

Thank you sir for the tutorials!!! Grabe yung spoilers haha

[@FilipinoAccountingTutorial]

You're welcome, Darlene. Hope this video will help 🙂 RIP Hange-san

[@canuwu9874]

Grabe yung spoiler sa aot sir hahaha! Thank you sir for this video!

[@FilipinoAccountingTutorial]

Hahaha. RIP Hange-san.
You're welcome, can 🙂 Hope this video will help you 🧡

[@jiwilynmariadalura8223]

What could be the reason why partners dissolve the partnership to form a corporation?

[@andreaisabellepanambo8235]

Thank you, Sir!!!

[@FilipinoAccountingTutorial]

You're welcome, andreaisabelle 🙂 Hope this video will help you ❤️

[@fitnessadvocate8377]

new video!! 🤩🥳💛

[@FilipinoAccountingTutorial]

Hope it will be useful, Random ❤️

[@flehzyteaestolloso1790]

Thank you sir.

[@FilipinoAccountingTutorial]

You're welcome, flehzy 🙂 Hope this video lesson will help you ♥️

[@nahmie5012]

Thank you so much

[@FilipinoAccountingTutorial]

You're welcome, Nahmie 🙂

[@mmj-gl8gs]

Than you, Sir, for the very clear discussion. Btw, if it's okay to ask, kaninong libro po ang gamit niyong reference sa buong discussion ng Accounting for Special Transactions?

[@FilipinoAccountingTutorial]

You're welcome, mmj 🫶 about textbook reference, please see the description of AST videos. Nandun ang ginagamit ko na reference ❤️

[@mayomisalomon3297]

grabe kayo kay levi at hange sir T.T HAHAHAAAH

[@FilipinoAccountingTutorial]

Hahaha! Hange is on fire, literally. RIP Hange-san ☹️

[@joelakiagapon9882]

@@FilipinoAccountingTutorial Good day po sir, Kelan po ba nag aaquire ng Goodwill? Thank you po sir!

[@FilipinoAccountingTutorial]

In simple terms, ang goodwill ay naacquire kapag meron acquisition ng another company. Good will is the difference between purchase price and net asset acquired. Hope it helps, Joela 🙂