Partnership Installment Liquidation - Schedule of Safe Payments (Part 2)

Learn the accounting for partnership liquidation using installment method (Schedule of safe payments)
Reference: Partnership and Corporation Accounting Made Easy by Mr. Win Ballada and Ms. Susan Ballada 2011 Issue- 15th Edition
#ScheduleofSafePayments #PartnershipLiquidation

[@forshopee4365]

Super galing talaga siiiirrr

[@FilipinoAccountingTutorial]

Thanks. Sana makatulong ito 🧡

[@nanethcruz1884]

Salamat po sir sa part 2😊

[@FilipinoAccountingTutorial]

You're welcome Naneth!

[@mmj-gl8gs]

Hello, Sir. May mga pagkakataon ba na ang possible question ay kung magkano ang matatanggap ng partners after the whole liquidation process? Ano po ang magiging sagot kung sakali? Yung sum po ba ng payment to partners each month?

[@FilipinoAccountingTutorial]

Hello, mmj! Yes. Possible question yan. One of the frequently asked questions ng partnership liquidation. And if ganyan ang question, you are correct. Sum ng bawat payment every month. Hope it helps ❤️

[@gicellearce6374]

thank you po

[@빗방울이시가되다]

🖇Mas madali po matuto sainyo kesa sa prof namin na ang daming sinasabi halos sya lang nakaka gets huhu. Eto yung sinasabi nilang Effective vs Efficient talaga eh. The best po🤎

[@FilipinoAccountingTutorial]

Thank you. Hope this video will help you. Marami pa kami videos dito, baka sakaling makatulong when you need it 🙂 mag aral nang mabuti ♥️

[@rchllamplg5912]

Thank you so much po. I learned so much💓

[@FilipinoAccountingTutorial]

Welcome Jin's wife!

[@miralynnbarrogo8291]

thank you po😀

[@jscal9137]

Pls do cash priority program

[@MughandleKel]

sa schedule of safe payment po. Iaadd po ba ang liquidation expenses for future use sa unsold non cash assets? San po siya part papasok?

[@FilipinoAccountingTutorial]

Pinepresent sya as Separate line item sa schedule of safe payments. Hope it helps.

[@kingpatrickroxas3529]

sana po may tutorial din about dito

[@gicellearce6374]

pwede po pasagot ng problem na w/ video

[@Micl7231]

Paano po macommpute kapag ang nakalagay sa problem is if A received 2k how much will get of B & C.eh ang binigay lang po eh yung balance before liquidation.walang nakalagay na kung magkano ang halaga ng unang nabenta. Sana po masagot..thanks

[@FilipinoAccountingTutorial]

Hi rieza. Mahirap mag explain thru comment based sa question mo. We suggest muna na imaster ang basics nito.

[@gm861]

I workback nyo po yung realization loss/gain from the cash received then idivide nyo po sa p and l niya then yun na po yung selling price.

[@hanakohaze6187]

Sir pano po kaya pag may liquidation expenses? Ano pong gagawin dun?

[@gicellearce6374]

The following balances of AJD Partnership on 2020 before liquidation process are as follows: Liabilities P50,000 Allen, Capital (25%) 250,000 Jaypee, Capital (25%) 300,000 Deo, Capital (50%) 100,000 Cash available before liquidation is P20,000. During the year, the following realizations occurred: a. On September, fifty percent of the total noncash assets were sold at a loss of P100,000; b. On October, twenty-five percent of the total noncash assets were sold at their book values, and; c. On November, the remaining noncash assets were written-off as a loss. All partners are personally solvent, with the exception of Deo who is solvent up to P10,000 only at the date of the last installment liquidation. Required: Prepare a statement of liquidation with safe payments schedule.

[@anealcaraz7653]

Pano po pag nag incurred ng expenses and liability?

[@MaryThereseLObias]

Sir, what will happen po if sa beginning capital palang may deficit na?

[@johnpaullara8820]

Hello po ulit. Tanong ko lang po, is it always the same ba yung magiging cash distribution sa bandang huli either cpp or safe payments method ang gamitin?

[@gicellearce6374]

sana po manotice po yung comment ko..salamat po ulit :)

[@rice3061]

thank you po sir! Cash Priority Program naman po sana 🙏

[@ivanmigueldatinguinoo6431]

You is my angel HAHAHAHAHA

[@FilipinoAccountingTutorial]

Thanks Ivan. Hope this video video will help you ❤️