Chapter 15: Partnerships –

Formation, Operations, and

Changes in Ownership Interests
by Jeanne M. David, Ph.D., Univ. of Detroit Mercy

to accompany
Advanced Accounting, 10th edition
by Floyd A. Beams, Robin P. Clement,
Joseph H. Anthony, and Suzanne Lowensohn

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 Invest in Business
Sama seperti sebelumnya, namun kali ini kasusnya
adalah sekutu baru masuk dengan cara
menerbitkan saham baru dalam persekutuan.
Jadi untuk memahami materi ini pembaca harus
memahami kata kunci-kata kunci pada slide
sebelumnya.

Kalau yang sebelumnya adalah membeli saham

dari sekutu yang lama.

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 Ilustrasi Goodwill : Goodwill to
Old Partners
Andrew and Boyles have capital balances of $40
and $40 and share equally in the firm.
Criner will be admitted with an investment of $50
cash. All three will have equal shares. Net assets
are at fair value; goodwill will be recorded and
shared in the equal amont.
Implied value of firm, $50/(1/3)   $150
Old capital, $40 + 40 $80  
Additional investment 50 130
Goodwill   $20
Criner: $130*1/3 = $43.3, but he pays $50 … so
goodwill goes to old partners.
Implied firm value is based on Criner's investment.
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 Ilustrasi Goodwill: Goodwill to
Old Partners
1. Tentukan berapa nilai implied value. Dikarenakan
tidak ada disebutkan implied value pakai yang mana,
maka kita gunakan nilai yang terbesar $150 ($50/(1/3))
2. Nilai implied value dikurangkan dengan modal
persekutuan yang seharusnya (menghasilkan goodwill)
3. Pengenaan goodwill tergantung pada hal berikut. Jika
modal yang disetor sekutu baru lebih besar dari yang
seharusnya di catat maka goodwill menambahkan
modal sekutu yang lama.

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 Ilustrasi Goodwill: Goodwill to
Old Partners
3. (lanjutan) modal sekutu disetor $50, modal
seharusnya dicatat $130*1/3 = $43.3. Maka
goodwill menambah modal sekutu yang lama.

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 Ilustrasi Goodwill (Goodwill to
Old Partners)
Revalu- After re- Invest-
  Before ation valuation ment Final Persentage
Andrew $40 $10 $50   $50 1/3
Boyles 40 10 50   50 1/3
Criner       $50 50 1/3
Total $80 $100 $150 3/3
Capital of $80 at the start, increases by the $20
goodwill and the $50 cash investment.

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 Ilustrasi Bonus : Bonus to Old
Partners
1. Ingat modal yang baru sama dengan modal yang
seharusnya. Jadi modal yang baru adalah $80
(total modal sekutu yang lama) ditambah $50
(setoran modal sekutu yang baru) menjadi $130.
2. Kemudian karena para sekutu sepakat membagi
modalnya sama besar berarti masing-masing
mendapat 43,33 (1/3 x $130). *salah satu modal
sekutu harus 43,34 agar total moda genap $130

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 Ilustrasi Bonus: Bonus to Old
Partners
3. Bandingkan modal sekutu yang lama dan yang
baru. Sehingga Andrew dan boyles modalnya
bertambah $3,33. Kemudian criner modalnya
menjadi $43,34.

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 Ilustrasi Bonus: Bonus to Old
Partners
Andrew and Boyles decide not to revalue the
business assets, and Criner invests $50 cash in
the business for a 1/3 interest.
Before Investment Final Interest
Andrew $40 $3,33 $43,33 1/3
Boyles 40 3,33 43,33 1/3
Criner   43,34  43,34 1/3
Total $80 $50 $130

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 Entries for Investment in Business
Entries for Criner's investment, under goodwill
and bonus methods:
Goodwill 20
Andrew Capital 10
Boyles Capital 10
Cash 50
Criner Capital 50
Goodwill method, goodwill to old partners
Cash 50
Andrew Capital 3,33
Boyles Capital 3,33
Criner Capital 43,34
Bonus method, bonus to old partners
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 Ilustrasi Goodwill: Goodwill to
New Partners
Andrew and Boyles have capital balances of $40
and $40 and share equally in the firm.
Criner will be admitted with an investment of $50
cash. Criner will be given a 40% share; Andrew
and Boyles will each have 30%. Net assets are at
fair value by the old partners; goodwill will be
recorded.
Implied value of firm, $80/(.60)   $133.3
Old capital, $40 + 40 $80  
Additional investment 50 130.0
Goodwill   $3.3
Criner: $130*40% = $52, but he pays $50 … so goodwill
goes to new partner.
Implied firm value is based on old partners' capital and
retained interest.
© Pearson Education, Inc. publishing as Prentice Hall 15-11
 Ilustrasi Goodwill: Goodwill to
New Partners
1. Tentukan berapa nilai implied value. Dikarenakan disebutkan
implied value berdasarkan modal sekutu yang lama berarti kita
gunakan patokan tersebut (modal yang lama tapi persentase yang
baru). $80 (modal adrew $40 ditambah modal boyles $40) dibagi
60% (30% persentase modal Andrew 30% persentase modal
boyles).
2. Nilai implied value dikurangkan dengan modal persekutuan yang
seharusnya (menghasilkan goodwill yaitu $3,3)
3. Pengenaan goodwill tergantung pada hal berikut. Jika modal
yang disetor sekutu baru lebih kecil dari yang seharusnya di catat
maka goodwill menambahkan modal sekutu yang lama.

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 Ilustrasi Goodwill: Goodwill to
New Partners
3. (lanjutan) modal sekutu disetor $50, modal
seharusnya dicatat $130*40% = $52. Maka
goodwill menambah modal sekutu yang baru.

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 Ilustrasi Goodwill: Goodwill to New
Partners
Criner invests $50 cash in the business for a 40%
interest.

Revalu- After re- Persenta

  Before ation valuation Investment Final ge
Andrew $40 $40   $40 30%
Boyles 40 40   40 30%
Criner    3,3   $50 53,3 40%
Total $80 $80 $133,3
Implied Value = 133,3

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 Ilustrasi Bonus : Bonus to New
Partners
1. Ingat modal yang baru sama dengan modal yang
seharusnya. Jadi modal yang baru adalah $80
(total modal sekutu yang lama) ditambah $50
(setoran modal sekutu yang baru) menjadi $130.
2. Kemudian karena para sekutu sepakat
mebagikan modalnya sebesar 30%, 30%, 40%
(Andrew, Boyles, Criner) maka struktur modal
yang baru menjadi $39, $39, $52 (Andrew,
Boyles, Criner)

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 Ilustrasi Bonus: Bonus to New
Partners
3. Bandingkan modal sekutu yang lama dan yang
baru. Sehingga Andrew dan boyles modalnya
berkurang $1. Kemudian criner modalnya
menjadi $52.

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 Invest in Business: Bonus to New
Partner
Andrew and Boyles decide not to revalue the
business assets, and Criner invests $50 cash in
the business for 40% interest.
Before Investment Final Interest
Andrew $40 ($1) $39 30%
Boyles 40 (1) 39 30%
Criner   52  52 40%
Total $80 $50 $130

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 Entries for Investment in Business
Entries for Criner's investment, under goodwill
and bonus methods:
Cash 50
Goodwill 3,3
Criner Capital 53,3
Goodwill method, goodwill to New partners

Cash 50
Andrew Capital 1
Boyles Capital 1
Criner Capital 52
Bonus method, bonus to New partners
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