FINANCIAL ACCOUNTING-PARTNERSHIP-LESSON3

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Wow! for you make me remember my undergraduate moments at the University. Perhaps thanks!

Nasawalivingstone
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Why don't you put full videos of the lectures here ??
It's expensive to buy the lesson on your website

faithmutunga
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Thank you Philip for making maths feel simple

margaretwambui
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Were is the statement of financial position.

bmm
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After finding the net don't you have to subtract the loan interest from the partner and the bank then use the amount to prepare the appropriation for profit and loss????

abdullahiabdirashid
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please i didn't get the working for the loan part. from the additional information, it says "A half year interest on loan from bank is owning" but you did workings for a year instead 6months (half a year)

leojason
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This is wrong The appropriation account you didn't include the interest on drawings

martinelukorito
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Hi, What is the difference between a debit balance in a partner's current account and drawings?

gwagwanebui
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You did not go on with balance sheet
I wanted to see how the accumulated depreciation will be treated by the am really okay

Kaakyire_love
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Very helpful lesson but I though interest on drawing is recorded on appropriation account but you treat it as an income to the business

faithpatricia
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It could have been better if you start with working for easy understanding.

katekay
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I cant find lesson 1and 2, please help

okoloifeanyi