正保会计网校特别为美国cpa学员整理了美国cpa考试《财务会计与报告》的内容，以备迎接美国CPA考试，祝您在网校学习愉快！
Partnerships
Admission of a partner–Purchase of an existing partnership interest，OR Investing additional capital into the partnership.
Purchase or sale of existing partnership interest is outside partnership transaction. So No journal entry.
Investing additional capital into the partnership can use three method.
Exact/Bonus/Goodwill method
Contributions=FV of asset–PV of assumed liability
Exact method.
New partnership%=New contribution/Total contributions
Bonus method.
New partnership% is stipulate by agreement.
Bonus=New contributions-Total contributions*new partnership%
Bonus allocates to old partner account by profit share%
Dr.New Contributions
Cr.Capital–old partner（bonus part）
Cr.Capital–new partner（Total contributions*new partnership stipulate%）
Goodwill method.
New partnership% is stipulate by agreement.
Goodwill=New contributions/new partnership%-Total contributions
Goodwill allocates to old partner account by profit share%
Dr.New Contributions
Dr.Goodwill（goodwill part）
Cr.Capital–old partner（goodwill part）
Cr.Capital–new partner（the amount of new contributions）
Exact method
The incoming partner‘s capital account is their actual contribution.
No adjustment to the existing partner‘s capital account
Bonus method
Balance in total capital accounts controls the computation
The incoming partner‘s capital account is their% of the partnership total contributions.
Bonus method（Continued）
Adjust the existing partner‘s capital accounts to balance.
Goodwill method
Going in investment controls the computation
The incoming partner‘s capital account is their actual contribution.
Goodwill is determined based upon the incoming partner‘s contribution，and shared by the existing partners.
In partnership，all interest，salaries，and bonuses are deducted from total profit to arrive at the amount of the profit and loss distributed in the profit and loss ratio.
Withdrawal of a partner–Bonus method Vs.Goodwill method
Withdrawal Bonus method，bonus=withdrawing partner‘s capital account（after revaluation）–consideration paid
Withdrawal goodwill method，goodwill=Consideration/withdrawing partner‘s%-before withdrawing capital account（after revaluation）
Bonus and Goodwill is allocated to remaining partner‘s capital account in accordance with their profit and loss ratio
Liquidation of a partnership
The order of preference regarding distribution of assets are
Creditors，including partners who are creditors，must be paid before the noncreditor partners receive any payments.
Rights of offset between a partner‘s loans to and from the partnership and that person’s capital balances generally exists in liquidation.
Capital deficiency is a debit balance in a partner‘s capital account and indicates that the partnership has a claim against the partner for the amount of the deficiency.（资不抵债，无限责任）
普通合伙人对合伙企业债务负无限连带责任。债权人可对任意一个、数个、全体普通合伙人行使追偿权。任一合伙人对于其偿还的，超过其约定份额的部分，对其他合伙人有代位追偿权。
网校2014美国cpa辅导热招：
正保会计网校2014年美国CPA考试辅导全面招生！网校2014年美国注册会计师（U.S.CPA）考试辅导在总结往年成功教学经验的基础上，从学员实际需求出发，结合中国考生学习特点，融入先进的教学理念与创新的教学方式，针对不同学员的学习需求，全新推出高端特训班、网络远程班、自学课程班三种个性化辅导班次。（查看详情>>）
网校美国CPA课程使用美国CPA考试的Becker CPA Review教材，配合网校专业的课程体系、特色的双语教学模式、灵活多样的学习方式、全方位一站式配套服务，定能为您顺利通过考试助一臂之力。机会难得，欲报从速！
了解详情30000元/4科
