Partnership Accounts Template.xlsx
of 10
-
Upload
arj-sharma -
Category
Documents
-
view
217 -
download
0
Transcript of Partnership Accounts Template.xlsx
-
7/25/2019 Partnership Accounts Template.xlsx
1/10
Fixed Capital
Format of Partner
Dr.
Particulars Amount
To Cash/Capital A/c (Withdrawal of Capital) .
To Balance c/d .
Format of Partner'
Dr.
Particulars Amount
To Balance b/d .
(In case of debit opening balance) .
To Drawings A/c .
To Interest on Drawings A/c .To Prot and !oss A/c (!oss) .
To Balance c/d (if credit side e"ceeds) .
-
7/25/2019 Partnership Accounts Template.xlsx
2/10
's Capital Account
Cr.
Particulars Amount
B# Balance b/d .
B# Cash/Capital A/c (Additional Capital) .
s Current Account
Cr.
Particulars Amount
B# Balance b/d .
(In case of credit opening balance) .
B# interest on Capital .
B# Co$$ission .B# %alar# .
B# &eneral 'esere .
B# &oodwill
B# Prot and !oss A/c (Prot)
B# Balance c/d (if debit side e"ceeds)
-
7/25/2019 Partnership Accounts Template.xlsx
3/10
Fluctuating Capital
Format of Partner
Dr.
Particulars Amount
To Balance b/d .
(In case of debit opening balance) .To Drawings A/C .
To Interest on Drawings A/C .
To Prot and !oss A/C (!oss) .
To Balance c/d (if credit side e"ceeds) .
-
7/25/2019 Partnership Accounts Template.xlsx
4/10
's Capital Account
Cr.
Particulars Amount
B# Balance b/d .
(In case of credit opening balance) .B# interest on Capital .
B# Co$$ission .
B# %alar# .
B# &eneral 'esere .
B# &oodwill
B# Prot and !oss A/C (Prot)
B# Balance c/d (if debit side e"ceeds)
-
7/25/2019 Partnership Accounts Template.xlsx
5/10
Format of P/L A
Dr.
Particulars Amount
To !oss as per P/! A/C
To Interest on Capital
As Capital A/c .Bs Capital A/c .
To %alaries
As Capital A/c .
Bs Capital A/c .
To Co$$ission
As Capital A/c .
Bs Capital A/c .
To 'esere
To Capital A/c (share of prot)
As Capital A/c .Bs Capital A/c .
-
7/25/2019 Partnership Accounts Template.xlsx
6/10
propriation A/C
Cr.
Particulars Amount
B# Prot as per P/! A/C
To Interest on Drawings
As Capital A/c .Bs Capital A/c .
To Capital A/c (share of loss* if an#)
As Capital A/c .
Bs Capital A/c .
-
7/25/2019 Partnership Accounts Template.xlsx
7/10
Calculation of interest on Drawings
First of every month
+onthl# Drawings ,*---
Total +onths in a #ear ,
Total Annal Drawings ,0*---
+onths left after st withdrawal i.e. st 1anar# ,+onths left after last withdrawal i.e. st Dece$ber
Aerage $onth 2.3
'ate per ann$ -4
Interest on Drawings (+onthl#) *5--
Last of every month
+onthl# Drawings ,*---
Total +onths in a #ear ,
Total Annal Drawings ,0*---
+onths left after st withdrawal i.e. 5st 1anar# +onths left after last withdrawal i.e. 5st Dece$ber -
Aerage $onth 3.3
'ate per ann$ -4
Interest on Drawings (+onthl#) *--
First of every quarter
6arterl# Drawings ,*---
Total 7arters in a #ear 0
Total Annal Drawings 8*---
+onths left after st withdrawal i.e. st 1anar# ,
+onths left after last withdrawal i.e. st 9ctober 5
Aerage $onth :.3
'ate per ann$ -4
Interest on Drawings (+onthl#) 3--
Last of every quarter
6arterl# Drawings ,*---
Total 7arters in a #ear 0
Total Annal Drawings 8*---
+onths left after st withdrawal i.e. 5st +arch ;+onths left after last withdrawal i.e. 5st Dece$ber -
Aerage $onth 0.3
'ate per ann$ -4
Interest on Drawings (+onthl#) 5--
-
7/25/2019 Partnership Accounts Template.xlsx
8/10
iddle of every month
+onthl# Drawings ,*---
Total +onths in a #ear ,
Total Annal Drawings ,0*---
+onths left after st withdrawal i.e. 3th 1anar# .3+onths left after last withdrawal i.e. 3th Dece$ber -.3
Aerage $onth 2
'ate per ann$ -4
Interest on Drawings (+onthl#) *,--
iddle of every quarter
6arterl# Drawings ,*---
Total 7arters in a #ear 0
Total Annal Drawings 8*---
+onths left after st withdrawal i.e. 3th
-
7/25/2019 Partnership Accounts Template.xlsx
9/10
Format of !e
Dr.
Particulars Amount
To decrease in ale of asset
Plant
+achiner#%toc@ etc
To increase in ale of liabilit#
Creditors
Bills pa#able etc
To Capital A/c (in case of prot)
As Capital A/c .
Bs Capital A/c .
-
7/25/2019 Partnership Accounts Template.xlsx
10/10
aluation A/C
Cr.
Particulars Amount
B# increase in ale of asset
Plant
+achiner#%toc@ etc
B# decrease in ale of liabilit#
Creditors
Bills pa#able etc
B# Capital A/c (in case of loss)
As Capital A/c .
Bs Capital A/c .
