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Class 12 Accountancy Chapter 1 | Accounting for Partnership Firms – Fundamentals | Full Chapter Explained
Welcome to our Class 12th Accountancy series!
In this video, we cover Chapter 1 – Accounting for Partnership Firms: Fundamentals in an easy and student-friendly manner.
What you’ll learn in this video:
Meaning and features of a partnership
Partnership deed and its importance
Profit sharing ratios
Past adjustments and guarantee of profit
Interest on capital, drawings & salary to partners
This video is perfect for:
CBSE Class 12 Commerce students
Accountancy exam preparation
Last-minute revisions
Understanding the basics of partnerships in depth
Don’t forget to:
✔ Like the video
✔ Share it with your classmates
✔ Subscribe for more Class 12th content
✔ Drop your doubts in the comments
#Class12Accounts #PartnershipAccounts #CBSE2025 #AccountancyChapter1 #CommerceStudents #AccountsMadeEasy
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Want a short version or something in Hindi too?
accounting equation, adjusting entries, balance sheet, class 12 accountancy, class 12 accounts, financial statements, income statement, mcom, trial balance, accenture finance, gaap, financial literacy, financial analysis, bookkeeping, generally accepted accounting principles, adjusting entries tips, financial education, cpa exam prep, gaap standards, cpa, edu finance, cpa tips, cash flow statement, accounting software reviews, financial ratios, accounting standards
Welcome to our Class 12th Accountancy series!
In this video, we cover Chapter 1 – Accounting for Partnership Firms: Fundamentals in an easy and student-friendly manner.
What you’ll learn in this video:
Meaning and features of a partnership
Partnership deed and its importance
Profit sharing ratios
Past adjustments and guarantee of profit
Interest on capital, drawings & salary to partners
This video is perfect for:
CBSE Class 12 Commerce students
Accountancy exam preparation
Last-minute revisions
Understanding the basics of partnerships in depth
Don’t forget to:
✔ Like the video
✔ Share it with your classmates
✔ Subscribe for more Class 12th content
✔ Drop your doubts in the comments
#Class12Accounts #PartnershipAccounts #CBSE2025 #AccountancyChapter1 #CommerceStudents #AccountsMadeEasy
---
Want a short version or something in Hindi too?
accounting equation, adjusting entries, balance sheet, class 12 accountancy, class 12 accounts, financial statements, income statement, mcom, trial balance, accenture finance, gaap, financial literacy, financial analysis, bookkeeping, generally accepted accounting principles, adjusting entries tips, financial education, cpa exam prep, gaap standards, cpa, edu finance, cpa tips, cash flow statement, accounting software reviews, financial ratios, accounting standards