**operating partnership** This is a topic that many people are looking for. **thetruthaboutdow.org** is a channel providing useful information about learning, life, digital marketing and online courses …. it will help you have an overview and solid multi-faceted knowledge . Today, ** thetruthaboutdow.org ** would like to introduce to you **AFAR: PARTNERSHIP OPERATION**. Following along are instructions in the video below:

“Our topic for today is partnership operation is when you allocate income and losses to to the partners actually for me to easiest among the four stages in the partnership. I you just have to follow canio agreement from partners on how they allocate profits and losses to each other all right most makes. The quilliam concept. It as we go through our problems for today.

Let s start with problem number one okay for problem. 1. We have two questions let s read the questions first question a assuming that the partnership generated the profit of 900000. How much is the total share of pollution.

In the net income for the year ended. 2020 question. B assuming that the partnership generated the profit of 700 10000. How much is the total share of pollution in the net income for the year ended 20 ad.

If income is distributed to the partners. Only as far as it is available. Okay now question e as you can. See by you income is 900 for question.

B. Nominates 710000. Right. We can now go to the given itself.

Traffic pollution. Our partners who have an agreement to share profit and loss in the following manner okay mister agreement for partner traffic for partner pollution annual salaries to 50000 for traffic 400000. For pollution technical. Asthma.

Amination d. To annual. Okay it means for example. The symposium partnership july 1.

Kalani. Pro written opened up at six months time. We begin with salaries to the partners. That s why.

The gaussian sabean book. Very deep in the problem have to underline away sabana dupione trick. The de lucia turn since the confiscated. It s comedy capping the cp words.

But this one am i well diminution in the dates. We assume that exist in the shares of january. One that year alright next interest on average balances. 10.

10 bonus based on net income. After salaries and interest. 10. For partner traffic.

And in the remainder. 64. For traffic. 40 for pollution traffic.

Sand. Pollutions have reached capital balances for the year ended december 31. 2006. Hundred thousand and three hundred thousand respectively surpass.

A new average capital balances well earlier minibus. A bio interest on average balances. 10. 10.

There s no need for us to compete for the average capital balances. Because given asia six hundred thousand and three hundred thousand respectively. Alright going back to the questions basically in padang is how much do you share in the pollution. Internet income.

Okay. How do we solve the traffic and pollution problem with a solution jen enroll cat ptl cpa review school relocated integers village quezon city no traffic no pollution very safe imagine you burned a hole is just hundred meters away accessible to all major transportation coffee shops milk tea dormitories latin galangal and e tuna sand kappa and we have we solved this the leadership..

When you answer partnership operation. The income and region canopy informatn. Govision. Ramekin and table.

First column is for partner traffic. Second column is for partner pollution. And always remember million. Total column away mother into loan shark.

And then on the left hand side lagoon at the new agreement data. So we have salaries here salaries interest. Who knows and the remainder or the balance remainder okay right no traffic partner pollution and the total okay so for the salaries 250 for traffic pollution 400000. Bogie donna.

Anita. Fifty thousand to fifty thousand and four hundred thousand 250 plus 400 650000. Okay. Next interest on average.

Balances. 10. 10 and for traffic they have. Village capital.

Balance. Is 600000. So. 10.

Times. 600000. 60000 for. Pollution 10 of.

Trip really thousands. 30000 put. Here 60 thousand and three thousand okay total is 90000. All right let s now go to the bonus bonus based on net income.

After salaries. And interest. Okay. You see dito is that dick not money on salaries and interest here are not expenses of the partnership.

Okay indian salaries expense indian interest expense. These are salaries and interest for the purpose of no being how much you may ensure the traffic and pollution in the net income for that year okay these are expenses for partnership also wasabi net income chambray not the demonium expenses jen right those are panel emitting no compute engine buddhist. I ll show you a technique. Whenever may bonus not a partnership like in income allocation.

Getting ugly. Imagine right the give nadine et on solution alligator on an arrow. So bonus. First thing is kailen is set up new new equation in computing.

The bonus so bonus is equal to mu naught is equal to holding here 10. Notional net income after salaries and interest bonus is equal to 10 of net income. When you say after salaries an interest salaries and interest. Hey ganesha actually maraming variation.

But susannah being after you re right. Missus has some people after salaries after interest after bonus. Oh my be confident. If the holiday after bonus in this case.

After salaries and interest lom and then after we set of the equation. We can just plug in the videos. Let s solve for bonus. Let s call it v v.

Is equal to 10 of what is the net income for question a net income is 900 nine hundred thousand less how much is a salary so far. We distributed 650 thousand partners and interest so far. We distributed ninety thousand interest to the partners. All right that s now compute okay so nine hundred thousand less six fifty thousand last ninety thousand times point one sixteen thousand this is the bonus to partner traffic b is equal to sixteen thousand gets okay so the right data looking at n sixteen thousand here for pollution.

Lampoon s away total is sixteen thousand and in the last one is the remainder is just the balanced profit for the year is nine hundred us and it might allah give you nine hundred thousand because that the total profit so far nick billion china 650 ninety and 16. What is the remainder of began had a nine hundred thousand less 650 less ninety..

The sixteen thousand remainder is hundred forty four thousand a hundred forty four thousand and here 60 percent delta traffic. Forty percent to pollution times. Sixty percent times. Twenty six eighty six thousand four hundred eighty six four and then for pollution competent in adding one forty four thousand times point four 57600 57600 alright.

We can now compute the total income allocated to the partners traffic. 250 thousand plus. 60. Plus sixteen.

Thousand plus 86. For total is for one to four hundred for one to four hundred and for partner pollution. Four hundred thousand plus 30 plus. Fifty seven six four eight seven six hundred four eight seven six hundred so on on check mode in dito.

If you add it to the pot nine hundred thousand plus for one to four hundred 900000. This made a short eye on a time. I allocation at it alright final. Answer for question a how much is the total share pollution in the net income go bosco 487 600.

Okay so that can i ran for eight seven six hundred find that answer for question pay clear question be assuming that the partnership generated a profit of seven ten how much is the total share pollution in the net income for the year 2020. If income is distributed to the partners. Only as far as it is available rating. Meet your differential with questioning.

Allegation. Income is distributed to the partners. Only as far as it is available okay. So how do we answer that kind of question programming.

A lagina in commissions to be the partners. Only as far as it is available okay. This is how you do it let s just do the same format. Traffic pollution and total column okay salaries interest bonus and remainder okay since simla nominee.

Given 250 salaries and 400 falutin pollution. So same logic to fifty thousand they have four hundred thousand for pollution. We have 650 here right so similar as what we did for a question day but this time since. 710000 and oh you income video shot 710000.

We can only give interest up to so seven ten minus six fifty sixty thousand okay but for a question in a compute not in interest 60 and 30 ninety thousand okay if seen a visa problem income is distributed only as far as it is available among arab done is that hindi kazaa sabra dunes. Seven hundred ten thousand nine location okay in that case you maximum interest on what we begin at and is only sixty thousand gets any major differentia loser panty or ninety thousand and the nelligan melange and sixty thousand how do we allocate the sixty thousand interest to traffic and pollution. Younger dammit emo allocation jen is the absolute amounts of the varam interest that should have been given to the two partners. Which is 60 and 30.

All right the. Gave an asterisk. Asterisk so that. Indeed oh.

Okay so you 60000. How do we allocate that to partner traffic. And pollution. Okay.

Unpack. Purity. And again is the absolute amounts. 60.

Over. 90 and 30 over. 90 gets like aditya 60. Over 90.

And then 30 over. 90. Let s compute cc. Thousand.

Times. 60. Over 90 forty thousand for partner traffic for partner pollution air pollution. But at the pollution.

Its twenty thousand gets okay la ca ada mito. Forty thousand and twenty thousand in you made your differential away..

But take note class nagato in vedanta. If we mention again to in the problem. Otherwise if the problem is silent. You do our approach for question.

A gets okay let s compute. The total pollution is four hundred twenty thousand this is 290 thousand. If you add the two that s seven hundred ten thousand final. Answer what is the total share of.

Pollution four hundred twenty thousand for 20000. Okay. Let s recap. Ah okay god doing wooden door.

You know. What is a question be if explicit change the problem otherwise two little jascha and did naga. I just cannot undo the remainder that s okay final answers for each seven six hundred and four hundred twenty thousand for problem one class. If you appreciate this free hardy tutorial.

Don t forget to subscribe and turn on the notification bell. So you get notified whenever. I have a new video. Let s go to problem.

Number. Three. Okay. Alright problem number.

Two short question down for this one. By how much would partners. His capital. Account change.

Okay. Partners. A b and c. Have.

Average capital balances of ninety six thousand forty thousand and thirty two thousand respectively. During twenty twenty partners agree to the following each partner. Receives ten percent interest on his average capital balance. After deducting salaries of twenty four two four eight and sixty thousand four see the residual profit or loss is divided equally okay in 2020.

The partnership sustain a twenty six thousand four hundred net loss before partners interests and salaries okay in this problem. The coronal net loss in partnership instead of income. So how do we allocate the net loss to the partners actually very straightforward dashes. This is him as our approach for problem number one liquidity of partners a b and c.

And don t forget the total column. Okay uncheck that ensure we just follow cornea agreement. Ella. First though is no be big in interest.

How much you interest. 10. On his average capital balance. And we know the average capital bill has ninety six forty thousand and thirty two thousand multiplied an item by 10 for partner.

A we have 9600 partner b. 4800. And partner c. 3200.

Let s compute. The total be 96 plus. 4. 8.

Plus 3 to 3 to. 7600. Okay. 17600.

Alright next after deducting salaries of. 24000 for 80 and 16000 for c laden salaries for a twenty four thousand for..

C. 16000 totally on sham place 40000. Okay. The residual profit is or loss is divided equally alright since we have a net loss of 26 for and allegheny aden here negative twenty six thousand four hundred okay interests.

A ladies and don t forget your remainder okay since positive view 17 six in the forty thousand so how much data para mug end up tire with negative twenty six thousand four. Hundred. So let s. Compute the inclusion 17 six plus.

40000. Plus. Twenty six for. Okay.

Helen. Could non. Negative. Eighty four.

Thousand i ll put. Here 84000. Madam. Again 26400 you total okay.

Now we know that the three partners do brasil profit money equal dose allah highway. So eighty four thousand we divide this by three twenty thousand each partner no way for partner. A negative twenty thousand partner be negative twenty eight thousand partner. See negative.

Twenty thousand all right we now compute the allocation to the three partners partner. Nine six plus twenty four thousand minus. Twenty eight thousand okay positive at all has a hundred even though there s a net loss as you can see class. Positive but in all any.

Partner it because of india salaries partner be. 4800. Less twenty thousand 23200 negative. Twenty three twenty twenty three two hundred and then for partners.

See let s compute. Three thousand two hundred plus sixteen thousand minus twenty eight thousand negative eight thousand eight hundred for partner. See underlying aden. Let s go to the question by how much wood partners.

His capital account change alright final answer. No bosco a thousand eight hundred decrease letter c. It has an eight hundred degrees a very straightforward logic in lessened and ito for this problem is that even though net lucia. Two little apparent begin purina interest.

No salaries and then you adjust do notice a remainder. Okay. And also don t forget now let s say mimi nations of problem. Now away.

Let s give a bonus of ten percent to partner. A and then min net loss an alibi are we being able on bonus answer is no you don t eve bonuses. If there s a net loss away you only give bonuses. If marin income you partnership all right and and also take note class.

Now unit anindita is how much you would partners. His capital account change. You changed out that s why i answered a thousand degrees. But what if the question is how much would the ending capital balance of partnership to cope was hidden open being in violation of.

32000 all right 32000. Less eight a union meeting and the capital balance of pregnancy. So be careful now with the questions even though my dad is sold in partnership operation be careful de la pagamo milligan on finalizar in this case we know final answer is that thirty eight thousand eight hundred degrees classes the end of this free tutorial. But again belong and what is reviewed in partnership operation that carlton errors in net income.

What if there s a change in the profit and loss ratio during the year. What would you do if you rule nominal happy are a pinnacle regardless of your accounting background will provide you the most efficient and effective review by focusing on best review strategies key points to remember shortcuts. Common tricks and mistakes for reservation in the know more about us visit our website and facebook page all the links are in the description below we serve now because we only accept limited number of students in order to preserve the quality of ography classes. ” .

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