Partnership Formation Accounting

Suppose you choose to start your business as a sole proprietorship.

In that case, it is possible that, as the business expands, you will need to bring on more individuals, either to gain access to additional sources of funding or to provide a different experience.

The formation of a partnership is one approach that can be taken to meet these requirements.

A partnership is formed when two or more persons carry on a business for profit as co-owners.

假设你选择以独资企业的形式开始你的业务

在这种情况下，随着业务的扩大，你有可能需要引入更多的人，或者是为了获得更多的资金来源，或者是为了提供不同的经验。

成立合伙企业是满足这些要求的一种方法。

当两个或两个以上的人作为共同拥有者为盈利而开展一项业务时，就形成了合伙关系。

Partnership Formation Accounting

When the partnership is founded initially, financial resources are contributed to it by each of the members.

The capital can be brought in either in the form of currency or in some other form completely, such as equipment, machinery, buildings, or accounts receivable.

If the capital is contributed in a form other than cash, it is always contributed to the partnership at the equivalent amount of its fair value.

合伙企业的成立会计

当合伙企业成立之初，每个成员都会向其提供财政资源。

资本可以是货币形式，也可以是其他非货币的形式，如：设备、机器、建筑物或应收账款。

如果资本是现金以外的形式，一般上，它是以其公允价值的同等数额投入到合伙企业中。

For example, the formation of a partnership between two people, who will be referred to here as partner Chin and partner Tan.

Under these circumstances, a typical entry in the books of the partnership may look something like this:

Introduction of Cash into a Partnership

Partner Chin contributes RM10,000 in the form of cash. The following entry would be entered in the bookkeeping journal with double entries:

Introduction of a Fixed Assets in a Partnership

A piece of equipment with an estimated worth of RM20,000 is brought by Partner Tan. (non-cash assets are always accounted for at fair market value when introduced to the partnership).

The following entries are to be posted in the double-entry bookkeeping journal:

Introduction of Accounts Receivable into a Partnership

Additionally, Partner Chin contributes a total of RM12,000 in accounts receivable, of which the partnership anticipates that it will be able to recover RM10,000.

In this scenario, the gross value of the accounts receivable needs to be recorded (to reflect the total amount receivable from the customers), and the reduction to fair value is accounted for by changing the value on the allowance for doubtful debts account.

Ultimately, the reduction to fair value is reflected in the account balance.

The following are the entries that were made into the partnership's books:

After all of these accounting entries for the formation of the partnership, the balance sheet of the partnership would look like this at the end of the process:

The capital injected by each partner in this partnership is RM20,000, resulting in a 1:1 capital injection ratio.

例如，两个人成立了一个合伙企业，他们在这里将被称为合伙人秦和合伙人陈。

这种情况下，合伙企业账簿中的典型分录可能是这样的：

将现金引入合伙企业

合伙人秦以现金形式出资10,000令吉。以下分录将以复试分录的方式记入簿记日志中。

将固定资产引入合伙企业

合伙人陈投入一台估计价值为20,000令吉的设备(非现金资产在引入合伙企业时，总是以公平的市场价值入账）。

在复式记账本中应记入以下条目：

将应收账款引入合伙企业

此外，合伙人秦也投入总额为12,000令吉的应收账款，合伙企业预计将只能收回其中的10,000令吉。

在这种情况下，需要记录应收账款的总价值（以反映应收账款的总金额），并通过记载呆账备抵账户的价值来说明公允价值的减少。

最终，公允价值的减少会反映在账户余额中。

以下是进入合伙企业账簿的条目：

在为合伙企业的成立做了所有这些会计分录之后，合伙企业的资产负债表在这个过程结束时将会是这样的：

在这个合伙企业中，每个合伙人注入的资本是20,000令吉，因此资本注入的比例为1：1。