Admission of a New Partner | Financial Accounting Course | CPA Exam FAR
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2020-05-10

IN this session, I cover the admission of a new partner as in a financial accounting course. The admission of a new partner dissolves an existing partnership and can occur in one of two ways. Either the new partner can purchase an existing partners share or the new partner can invest additional capital into the partnership.

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