Cadzow Knowledgebase


Welcome
Contact Us
Professional
Services

Consulting
Knowledgebase/
Site Search

Remote Support

Print Friendly

Standard Chart of Accounts (Part 4) - Partnership Accounts

                               MAIN MASTER CHART
                               =================
                      PARTNERS SHARE OF PROFITS STATEMENT
                      ===================================
                       FOR THE YEAR ENDED 30TH JUNE 1995
                       =================================

             PROFIT/LOSS ON NON-RATIO BASIS
             ------------------------------
             NOTE - USED WHERE PARTNERS
  9951       PROFITS ARE NOT SPLIT BY %                                   1.00
  9952       P 2                                                          1.00
             Transfer Share Of Profit/Loss
  9953       Partner  3 TYPE NAME HERE                                    1.00
             Transfer Share Of Profit/Loss
  9954       Partner  4 TYPE NAME HERE                                    1.00
             Transfer Share Of Profit/Loss
  9955       Partner  5 TYPE NAME HERE                                    1.00
             Transfer Share Of Profit/Loss
  9956       Partner  6 TYPE NAME HERE                                    1.00
             Transfer Share Of Profit/Loss
  9957       Partner  7 TYPE NAME HERE                                    1.00
             Transfer Share Of Profit/Loss
  9958       Partner  8 TYPE NAME HERE                                    1.00
             Transfer Share Of Profit/Loss
  9959       Partner  9 Type Name Here                                    1.00
             Transfer Share Of Profit/Loss
  9960       Partner 10 TYPE NAME HERE                                    1.00
             FROM A/C 4961 TYPE PARTNERS
  9961       DETAILS AS IN 4951 to 4960                                   1.00
             Transfer Share Of Profit/Loss
 10000       Partner 50 TYPE NAME HERE                                    1.00
 11000       ------                                                       1.00
 ----------                                                         ----------
             TOTAL PROFIT DISTRIBUTED TO
             THE PARTNERS                                                13.00
 ==========                                                         ==========

                         PARTNERS SHARE OF PROFIT/LOSS
                         =============================
                       FOR THE YEAR ENDED 30TH JUNE 1995
                       =================================

             SHARE OF LOSS
             -------------
             P-1 Type First Partners Name
 30001       Into Account 30001 & % Split                                50.00
             P-2 Type Third Partners Name
 30002       Into Account 30002 & % Split                                50.00
 ----------                                                         ----------
             LOSS                                                       100.00
 ==========                                                         ==========

                            PARTNERS CAPITAL ACCOUNT
                            ========================
                       FOR THE YEAR ENDED 30TH JUNE 1995
                       =================================

             P-1 Type First Partners Name
             ----------------------------
 11011       Opening Balance                                  1.00
 11013       Share Of Capital Profits                         1.00
 11014       Contribution                                     1.00
 11015       Share Of Calculated Profit                       1.00
 ----------                                             ----------
                                                                          4.00
             LESS
             ----
 11016       Share Of Loss                                  275.50
 11017       Drawings                                         1.00
 11018       Rations                                          1.00
 11019       ------                                           1.00
 11020       Share Of Calculated Loss                         1.00
 ----------                                             ----------
                                                                        279.50
 ----------                                                         ----------
             DEFICIENCY                                            [    275.50]
 ==========                                                         ==========

             P-2 Type Third Partners Name
             ----------------------------
 11021       Opening Balance                                  1.00
 11023       Share Of Capital Profits                         1.00
 11024       Contribution                                     1.00
 11025       Share Of Calculated Profits                      1.00
 ----------                                             ----------
                                                                          4.00
             LESS
             ----
 11026       Share Of Loss                                  275.50
 11027       Drawings                                         1.00
 11028       Rations                                          1.00
 11029       ------                                           1.00
 11030       Share Of Calculated Loss                         1.00
 ----------                                             ----------
                                                                        279.50
 ----------                                                         ----------
             DEFICIENCY                                            [    275.50]
 ==========                                                         ==========

                                 BALANCE SHEET
                                 =============
                              AS AT 30TH JUNE 1995
                              ====================
             PARTNERS' EQUITY
             ----------------
             Enter Partner No 1's Name
 22501       In Account No 22501                                   [    275.50]
             Enter Partner No 2's Name
 22502       In Account No 22502                                   [    275.50]
 ----------                                                         ----------
             DEFICIENCY                                            [    551.00]
 ==========                                                         ==========

 

Copyright © 1996-2019 Cadzow TECH Pty. Ltd. All rights reserved.
Information and prices contained in this website may change without notice. Terms of use.


Question/comment about this page? Please email webguru@cadzow.com.au