Class 12 Accounts Chapter 2 | Accounting for Partnership Firms Full Concepts (Part 1) (2022-23)

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✅ In this video,

✔️ Class: 12
✔️ Subject: Accounts
✔️ Chapter: Accounting for Partnership Firms
✔️ Topic Name: Accounting for Partnership Firms Full Concepts (Part 1)
✔️ Topics Covered in This Video: This YouTube video provides an overview of the concept of Accounting for Partnership Firms covered in Chapter 2 of Class 12th Accounts (2022-23). It explores the accounting process of forming a partnership, the main features of a partnership agreement, and the various advantages and disadvantages of a partnership. Additionally, the video will explain the important topics such as the accounting treatment of admission of a partner, accounting treatment of retirement of a partner, dissolution of a firm, and preparation of various accounting books of partner. Lastly, it will offer some practical tips and insights to help you understand the subject better and become proficient in solving numerical problems.
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00:00 Accounting for Partnership Firms Introduction: Full Concepts
03:37 Meaning & Definition
12:24 Nature of Partnership
16:52 Feature / Characteristics of Partnership
28:53 Rights of Partners
28:15 Basic Terms & Concepts
49:11 Partnership Deed
01:00:03 Charge Against Profit & Appropriation of Profit
01:31:35 Journal Entries
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[harshshrivastav]

Who is studing from YouTube for 12th boards 🤘🤘

[anup]

That's amazing, Thanks a lot Mam

[shibbufc]

Your hera phari idea to explain things is appreciable the moment you utter babu bhaiya i could picture him! This helps better understand

[cricketmedia.]

Mam your way of teaching is very excellent 👍

[mayankrawat]

love you mam ❤❤❤ you taught brilliantly

[slowedstatus]

Thankyou so much mam In my pov there's no teacher present who explain accounts the way u're 💗

[Ferb]

Apka pdane ka examples dene ka method bhot acha lga🙂👍

[abhinav]

Amazing 😊
I played it on 1.75× but got all your points ma'am ..
Thanks alot magnet brains👍👍

[hulk]

Wish I had a teacher like you, I would score 100 Mark's in accounts

[PRIYAKUMARI-xcrb]

Interesting Nd helpful video ma'am 🙏 thanks

[total_real_gaming_abhay]

Thanks a lot for this amazing lecture mam❤

[nitutiwari]

Thankyou mam for this video...
This is a basic concepts about the accounts which I very much useful for partnership firm.
It is very easy to understand due to pics and the examples..

[diksharai-hvfy]

Hera pheri is the killer example of you all concepts....❤️😂

[Gojoeditz]

nice lecture its a easy way to learn patnership firm
🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰

[jabeenriyaz]

Excellent 👍 explaination

I expect business mathematics and environment and public health I get this kind of explanation ❤

[ChintuDiary]

Who is watching in summer holidays may 2022

[Vishal-srvv]

Features me douth profit sharing mai agreement between the partners should be to share profit and losses of the business hoga

[PoojaKumari-utsx]

Your teaching way is excellent. Thank you mam 😊 💓

[brarhandloom]

Thank u 💞💞 soo much dii for this knowledgeable video because tomorrow is my accountancy test or I don't know this chapter soo thanks dii 🥰🥰

[AS-uzgf]

Excellent lecture. One Doubt (at 1:37:20 sec) - You have cancelled Interest on Loan and arrived a new entry Profit & Loss a/c Dr. to Loan a/c. Loan is Long term Liability / Short term- Liability? How Loan will appear in Profit & loss account? Could you please clarify?