Ask Experts Questions for FREE Help !
Ask
    Luscious101's Avatar
    Luscious101 Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 5, 2010, 05:31 PM
    I would like a format for statement of changes in partners' capital
    I would like to prepare a statement of changes in partners capital for two partners however I don't know the format help please!
    Just Looking's Avatar
    Just Looking Posts: 1,610, Reputation: 480
    Ultra Member
     
    #2

    Dec 5, 2010, 07:00 PM

    You will have two columns, one for each partner. Start with the beginning balance, and then list the transactions to come up with the ending balances. The transactions would include additional capital added, share of net income, and withdrawals .

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Contribution format income statement [ 1 Answers ]

Total per unit price Sales (10,000 units) $350,000.00 $35.00 Less variance expenses 200,000.00 20.00 Contribution margin 150,000.00 $15.00 Less...

What is the format of the multistep income statement [ 1 Answers ]

What is the format of the multistep income statement?


View more questions Search