Unit 4 - Capital Accounts Optional Revaluations

Unit 4 - Capital Accounts Optional Revaluations - Optional...

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Optional Revaluations of Capital Accounts
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Revaluation is permitted when:
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Revaluation is permitted when: 1. A contribution of property is made to a partnership
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Revaluation is permitted when: 1. A contribution of property to a partnership 2. A liquidation of or distribution to a partner is made in exchange for all or a portion of such partner's interest in the partnership
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Revaluation is permitted when: 1. A contribution of property to a partnership 2. A liquidation of or distribution to a partner in exchange for all or a portion of such partner's interest in the partnership, 3. The partnership someone as a partner in exchange for services
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Revaluation is permitted when: 1. A contribution of property to a partnership 2. A liquidation of or distribution to a partner in exchange for all or a portion of such partner's interest in the partnership, 3. The partnership someone as a partner in exchange for services 4. Substantially all of the partnership's properties are investments that are readily tradable on an established
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This note was uploaded on 03/20/2012 for the course ACCT 6354 taught by Professor Will during the Fall '11 term at University of Texas at Dallas, Richardson.

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Unit 4 - Capital Accounts Optional Revaluations - Optional...

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