Akuntansi Perubahan Kepemilikan Persekutuan 3: Anggota mundur dari persekutuan

Summary

In this educational video, Muhammad Hafid from Universitas Negeri Semarang explains accounting practices related to partnership ownership changes, focusing on the withdrawal of a partner. The video covers methods for handling the withdrawal, including the payment of a partner's capital share, asset allocation, and possible outcomes such as cash settlements or adjustments to the remaining partners' capital. Hafid illustrates these methods with examples and journal entries, explaining complex scenarios like goodwill formation and adjustments to the partnership's assets. The goal is to simplify these accounting concepts for better understanding.

Takeaways

• 😀 The video discusses accounting principles regarding the withdrawal of a partner from a partnership.
• 😀 When a partner withdraws, they have the right to withdraw their investment, and there are specific accounting procedures to handle this.
• 😀 The first step in the accounting process for a partner leaving is to close their capital account.
• 😀 Typically, cash is the asset given to the withdrawing partner, as dealing with other assets like land or vehicles can complicate the process.
• 😀 There are three possible methods for handling the withdrawal: 1) The partner’s ownership is bought by an outsider, 2) It is bought by the remaining partners, 3) The partnership buys out the partner's ownership.
• 😀 In the first scenario, the capital and assets of the partnership remain unchanged, with only the ownership structure changing.
• 😀 In the second scenario, the remaining partners purchase the ownership of the withdrawing partner, and the capital composition changes among the remaining partners.
• 😀 In the third scenario, the partnership itself compensates the withdrawing partner, reducing both capital and assets in the process.
• 😀 If the capital of the withdrawing partner exceeds the cash paid, adjustments are made to the remaining partners' capital, which is allocated according to their profit-sharing ratios.
• 😀 A goodwill allocation is an option for rewarding the withdrawing partner without reducing the capital of the remaining partners, increasing the overall value of the partnership.

Q & A

What happens when a partner withdraws from a partnership?

When a partner withdraws from a partnership, they have the right to withdraw their investment from the business. The partnership must handle this withdrawal through accounting procedures, either by paying the partner in cash or by transferring other assets to them.

How is the withdrawal of a partner from a partnership typically handled in accounting?

The withdrawal of a partner is handled by closing the partner's capital account and transferring the corresponding assets to the withdrawing partner. Typically, the assets are given in the form of cash, as this simplifies the transaction.

What is the simplest way to settle a partner’s withdrawal in accounting?

The simplest way is to close the withdrawing partner's capital account and transfer the corresponding amount in cash to them. This keeps the transaction straightforward and avoids complications from transferring non-cash assets.

What happens if the withdrawing partner's capital is bought by another external party?

If the withdrawing partner's capital is bought by an external party, there is no change to the partnership's total capital or assets. The only adjustment is the change in the ownership structure, as the external party purchases the ownership from the withdrawing partner.

How is the withdrawal of a partner handled when other existing partners buy out the withdrawing partner’s share?

When the remaining partners buy out the withdrawing partner's share, the total capital of the partnership remains the same. However, there is a redistribution of the capital between the remaining partners based on their agreed-upon share of the partnership.

What are the three alternatives for settling a partner’s withdrawal in terms of capital?

The three alternatives are: 1) paying the withdrawing partner exactly the value of their capital, 2) paying them more than the value of their capital as a form of appreciation, or 3) paying them less than the value of their capital if the business is facing financial difficulty.

What does it mean when the partnership pays a withdrawing partner more than their capital contribution?

When the partnership pays more than the capital contribution of a withdrawing partner, it is often a gesture of appreciation or recognition for their contribution to the success of the business. This extra amount is generally agreed upon by the remaining partners.

Why might a partnership pay less than the capital value to a withdrawing partner?

A partnership might pay less than the capital value to a withdrawing partner if the business is in financial trouble, or if the partnership is unable to pay the full amount due to economic conditions. This can also be a result of negotiations with the withdrawing partner.

What is the role of goodwill in the settlement of a partner’s withdrawal?

Goodwill may be created to give a partner extra value upon their withdrawal. This goodwill is shared among the remaining partners and the withdrawing partner, increasing the equity and capital for all parties involved. It is a way to distribute the appreciation of the business's value.

How is goodwill distributed among the partners when it is created during a partner’s withdrawal?

Goodwill is distributed based on the profit-sharing ratio among the partners. For example, if the ratio is 30% for one partner, 45% for another, and 25% for the third, each partner will receive their proportional share of the goodwill based on these percentages.