Class 12 Accounts Chapter 2 | Accounting for Partnership Firms Full Concepts (Part 2) (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 covers Part 2 of Chapter 2 of the class 12th Accounts syllabus for the year 2022-23. It discusses the concept of accounting for partnership firms, including topics such as profit sharing, partner’s capital accounts, and principles of reservation and accretion. The video provides an overview of the calculations and balances used in the preparation of partnership accounts, including the final balancing of partners’ capital account. Finally, the video gives a brief summary of the Accounting Standards and Recommendations applicable to partnership firms.
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0:00 Concept: Partners of Capital A/c
18:26 Charge Against Profit & Appropriation of Profit
27:58 Interest of Capital
53:13 Interest on Partner's Drawing
1:47:17 Irregular Drawing
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#2022_23  #2022 #2023

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