=+ 12-26 Partnership entries and statement of partners’ equity objs. 2, 5

✔

b. Abdel-Raja, capital, Dec. 31,

$114,000 566 Chapter 12 Accounting for Partnerships and Limited Liability Companies The accounting firm of Deloitte & Touche is the largest international accounting firm in the world as ranked by total revenues. For the last two years, Deloitte & Touche reported the following for its U.S. operations:

2007 2006