Class 12th Chapters

Partnership – Fundamentals

Topic – 1 | PARTNERSHIP BASICS: 

 Video Lectures [1]

Study Material & Notes

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Topic – 2 | INTEREST ON CAPITAL AND DRAWINGS: 

 Video Lectures [2]

Study Material & Notes

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Topic – 3 | PROFIT & LOSS APPROPRITATION ACCOUNT AND FIXED & FLUCTUATING CAPITAL : 

 Video Lectures [2]

Study Material & Notes

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Topic – 4 | PAST ADJUSTMENT: 

 Video Lectures [2]

Study Material & Notes

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Topic – 5 | GUARANTEE OF PROFITS: 

 Video Lectures [1]

Study Material & Notes

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Multiple Choice Questions (MCQs)

Past Year Question Papers with solutions

Partnership – Goodwill

Topic – 1 | GOODWILL – DEFINITION & FEATURES: 

 Video Lectures [1]

Study Material & Notes

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Quiz [2]

Topic – 2 | METHODS OF VALUATION OF GOODWILL: 

 Video Lectures [3]

Study Material & Notes

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Quiz [2]

Multiple Choice Questions (MCQs)

Past Year Question Papers with solutions

Partnership – Change in PSR

Topic – 1 | DETERMINATION OF SACRIFICING & GAINING RATIO: 

 Video Lectures [1]

Study Material & Notes

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Topic – 2 | ACCOUNTING FOR GOODWILL: 

 Video Lectures [1]

Study Material & Notes

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Topic – 3 | ACCOUNTING OF RESERVES, ACCUMULATED PROFITS / LOSSES: 

 Video Lectures [2]

Study Material & Notes

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Topic – 4 | REVALUATION OF ASSETS / LIABILITIES: 

 Video Lectures [1]

Study Material & Notes

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Topic – 5 | ADJUSTMENT OF CAPITAL: 

 Video Lectures [2]

Study Material & Notes

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Multiple Choice Questions (MCQs)

Past Year Question Papers with solutions

Partnership – Admission of Partner

Topic – 1 | ADMISSION – MEANING, NEED AND EFFECTS: 

 Video Lectures [1]

Study Material & Notes

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Quiz [2]

Topic – 2 | DETERMINATION OF NEW PROFIT-SHARING RATIO & SACRIFICING RATIO: 

 Video Lectures [2]

Partnership –

Study Material & Notes

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Quiz [2]

Topic – 3 | PREMIUM FOR GOODWILL: 

 Video Lectures [2]

Study Material & Notes

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Quiz [2]

Topic – 4 | ACCOUNTING OF RESERVES, ACCUMULATED PROFITS/LOSSES: 

 Video Lectures [2]

Study Material & Notes

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Quiz [2]

Topic – 5 | ADJUSTMENT OF CAPITAL: 

 Video Lectures [2]

Study Material & Notes

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Quiz [2]

Multiple Choice Questions (MCQs)

Past Year Question Papers with solutions

Partnership – Retirement

Topic – 1 | RETIREMENT – MEANING & BASIC CONCEPTS: 

 Video Lectures [1]

Study Material & Notes

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Topic – 2 | DETERMINATION OF NEW PROFIT SHARING RATIO & GAINING RATIO: 

 Video Lectures [2]

Study Material & Notes

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Topic – 3 | VALUATION & ADJUSTMENT OF GOODWILL: 

 Video Lectures [2]

Study Material & Notes

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Topic – 4 | RESERVES, ACCUMULATED LOSSES & REVALUATION: 

 Video Lectures [2]

Study Material & Notes

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Topic – 5 | ACOMPUTATION & METHOD OF PAYMENT TO RETIRING PARTNER: 

 Video Lectures [2]

Study Material & Notes

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Topic – 6 | ADJUSTMENT OF CAPITALS: 

 Video Lectures [3]

Study Material & Notes

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Multiple Choice Questions (MCQs)

Past Year Question Papers with solutions

Partnership – Death of a Partner

Topic – 1 | Concepts and New Profit-Sharing Ratio: 

 Video Lectures [1]

Study Material & Notes

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Topic – 2 | Share of Profit/Loss till Partner’s Death: 

 Video Lectures [1]

Study Material & Notes

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Topic – 3 | Amount Due to Legal Representative: 

 Video Lectures [2]

Study Material & Notes

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Topic – 4 | Settlement of Executor’s Claim: 

 Video Lectures [2]

Study Material & Notes

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Multiple Choice Questions (MCQs)

Past Year Question Papers with solutions

Partnership – Dissolution of a Partnership Firm

Topic – 1 | Dissolution of Partnership –Basic Concepts:

 Video Lectures [1]

Study Material & Notes

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Topic – 2 | Accounting Treatment on Dissolution -Realisation A/c: 

 Video Lectures [2]

Study Material & Notes

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