Understanding Equity on the Partnership Balance Sheet

Understanding Equity on the Partnership Balance Sheet

The equity section of a business’s balance sheet is the most difficult part to understand. The accounts that make up that section vary depending on the type of entity in which the business is structured. In this article, let’s take a look at what the equity section looks like for companies that are organized as partnerships.

Pricing Methods

How do you arrive at a price for the products and services you sell? While it depends on what industry your business is in, there are only a handful of…