Question:
Prepare a written paper that discusses Accounting for Partnerships. Your paper may cover any subject area relating to Accounting for Partnerships. Suggested subject areas may include the nature of partnerships, how to account for partnership contributions, how partnerships allocate income, how partnership liquidations are handled, or any other concept of your choice that relates to the broad topic of Accounting for Partnerships.
You are encouraged to use the library, the internet, accounting textbooks, and any and all other sources that you find that address Accounting for Partnership.