Accounting Principles Chapter 12(7th Edition)
Authors:
Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
In Stock: 1 Left
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Solution Manual Includes
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Book details
ISBN: 0470729813, 9780470729816
Book publisher: John Wiley & Sons Inc
Book Price $0 : The 'Accounting Principles Chapter 12' from the comprehensive textbook by Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield has become a vital resource for anyone delving into the fundamentals of partnership accounting. Chapter 12 meticulously explores partnerships, providing clarity on how to form, manage, and eventually dissolve them. This chapter brings forward key concepts like partnership formation, division of income among partners, changes in partnership interests, and partnership liquidation. The partnership formation section delves into legal and equitable distributions, while the income division provides various methods for sharing profits and losses, including fixed ratio, salary and interest allowances, and the residual share. An essential feature of this chapter is the in-depth exploration of liquidation processes, complete with practical guidelines and illustrative examples that facilitate effective comprehension of these advanced topics. Students and professionals can also refer to the solution manual that accompanies the textbook for practical solutions to complex problems. The answer key in this manual aids in validating comprehension and mastery of these intricate topics. Additionally, the table of contents serves as a navigational tool to quick reference specific sections and topics within Chapter 12. This textbook has been highly regarded in both academic and professional circles for its clarity, depth, and pragmatic approach to accounting principles. Kieso's 'Accounting Principles' is a staple resource within financial accounting education, making it relevant across multiple courses related to accounting, finance, and business management, where understanding of partnerships and financial management is crucial. Providing cheap, direct answers to complex questions, the book is perfect for self-study.
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