Partnership Dissolution - Admission by Investment in the Partnership by a New Partner (Bonus Method)

Learn to prepare journal entries to record admission by investment by a new partner using bonus method.

Source Material:
1. Advanced Accounting Volume 1 Principles and Procedural Applications by Sir Pedro P. Guerrero and Sir Jose F. Peralta

2. Advanced Financial Accounting Volume 1 by Sir Antonio J. Dayag

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Basic Accounting Playlist:
https://www.youtube.com/watch?v=vKRz4krHrww&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau

Partnership and Corporation Accounting Playlist:
Partnership: https://www.youtube.com/watch?v=oh6gewWpt80&list=PLl-IwImaCVm5nGgG-k4FmlEwLMzbfQdpF

Corporation: https://www.youtube.com/watch?v=bfyH0boL8FA&list=PLl-IwImaCVm5il_cN30ViZqzfg1a3ljNs

Conceptual Framework and Accounting Standards Playlist:
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Intermediate Accounting Playlist:
https://www.youtube.com/watch?v=b0oYfUTm0bw&list=PLl-IwImaCVm7M573mrA5x7GBDujXs1c1b

Accounting for Special Transactions (Advanced Accounting) Playlist:
https://www.youtube.com/watch?v=oh6gewWpt80&list=PLl-IwImaCVm6dbAtsehw3fM7FvVPFOqC0

Cost Accounting Playlist:
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