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Partnership Accounting – Partner Capital Accounts

Partnership Accounting – Partner Capital Accounts

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Capital Accounts • Summary • Partnership capital accounts reflect a partner’s economic investment • The value of a partnership interest can be determined assuming a hypothetical sale of the partnership assets at their fair-market value • A partner who contributes more, generally owns more of the partnership interest than the partner

  Capital, Account, Accounting, Partner, Partnership, Partnership accounting partner capital accounts, Capital accounts, Partnership capital accounts

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