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Accounting for Partnerships

  • D. E. Turner
  • P. H. Turner
Chapter

Abstract

Joanna and Nick have decided to go into business as partners selling computer systems. Nick will be putting up most of the capital, but has little knowledge of computers and will not be doing a great deal of work within the firm. He has also agreed to make a loan to the partnership independent of the capital he is subscribing.

Keywords

Current Account Balance Sheet Capital Account Current Asset Partnership Agreement 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© D. E. Turner and P. H. Turner 1991

Authors and Affiliations

  • D. E. Turner
  • P. H. Turner

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