=       Define accounting terms related to financial statements for a merchandising business organized as a partnership

=       Identify accounting concepts and practices related to financial statements for a merchandising business organized as a partnership

=       Prepare an income statement for a merchandising business organized as a partnership.

=       Analyze an income statement using components percentages for a merchandising business organized as a partnership

=       Prepare a distribution or net income statement and an owner’s equity statement for a merchandising business organized as a partnership

=      Prepare a balance sheet for a merchandising business organized as a partnership