ACO 202 / PARTNERSHIPS / ADMISSION OF PARTNERS

Case I C IS ADMITTED, interest is transferred from A and B. C pays directly to A and B.

0.40 0.60
A - L = A, Capital + B, Capital

200,000 75,000 + 125,000

 ACO 202 / PARTNERSHIPS / ADMISSION OF PARTNERS

Case I C IS ADMITTED, interest is transferred from A and B. C pays directly to A and B.

0.40 0.60
A - L = A, Capital + B, Capital + C, Capital

200,000 75,000 + 125,000 +

  (25,000) + (50,000) + 75,000
200,000 50,000 + 75,000 + 75,000
 ACO 202 / PARTNERSHIPS / ADMISSION OF PARTNERS

Case II C is admitted by investing in Partnership.

Case II / a Assets invested ($100,000) = Admitted partner's interest ($100,000)

A - L = A, Capital + B, Capital

200,000 75,000 + 125,000

 PARTNERSHIPS :
ADMISSION OF PARTNERS
 ACO 202 / PARTNERSHIPS / ADMISSION OF PARTNERS

Case II C is admitted by investing in Partnership.

Case II / a Assets invested ($100,000) = Admitted partner's interest ($100,000)

A - L = A, Capital + B, Capital + C, Capital

200,000 75,000 + 125,000 +

100,000 - + - + 100,000
300,000 75,000 + 125,000 + 100,000
 ACO 202 / PARTNERSHIPS / ADMISSION OF PARTNERS

Case II C is admitted by investing in Partnership.

Case II / b Assets invested ($100,000) > Admitted partner's interest 20% in

new equity ($75,000). Bonus to current partners.

A - L = A, Capital + B, Capital

200,000 75,000 + 125,000

 ACO 202 / PARTNERSHIPS / ADMISSION OF PARTNERS

Case II C is admitted by investing in Partnership.

Case II / b Assets invested ($100,000) > Admitted partner's interest 20% in

new equity ($75,000). Bonus to current partners.

A - L = A, Capital + B, Capital + C, Capital

200,000 75,000 + 125,000 +

100,000 10,000 + 15,000 + 75,000
300,000 85,000 + 140,000 + 75,000
 ACO 202 / PARTNERSHIPS / ADMISSION OF PARTNERS

Case II / c

Assets invested ($100,000) > Admitted partner's interest 45% in new equity
($135,000). Bonus to admitted partner.

A - L = A, Capital + B, Capital

200,000 75,000 + 125,000

 ACO 202 / PARTNERSHIPS / ADMISSION OF PARTNERS

Case II / c

Assets invested ($100,000) > Admitted partner's interest 45% in new equity
($135,000). Bonus to admitted partner.

A - L = A, Capital + B, Capital + C, Capital

200,000 75,000 + 125,000 +

100,000 (14,000) + (21,000) + 135,000
300,000 61,000 + 104,000 + 135,000