Accounting for Partnership Firms Fundamentals Chapter Class 12 free video lectures notes pdf

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Are you looking for the free video lecture notes pdf of Accounting for partnership firms – Fundamentals Chapter 1 of partnership class 12 Accountancy CBSE Board?

I have prepared video lectures and notes on each topic of fundamental (basics) of the partnership chapter of class 12.

Below are the links to all individual lectures on all topics of the fundamentals of the partnership chapter.

Fundamentals of Partnership firm chapter free video lectures notes pdf

S.NTopics
1Need and Importance of Partnership Firm with MCQs
2.Definition of Partnership with MCQs
3.Features of Partnership with MCQs
4.What are the Rights and Liabilities of Partners with MCQs
5.What is Partnership Deed, Meaning, content with MCQs
6.What are the Rules in the absence of a Partnership Deed with MCQs
7.Profit and Loss Appropriation Account format, features with MCQs
8.Journal Entries of Profit and Loss Appropriation A/c with MCQs
9.Difference between Profit and Loss A/c and Profit and Loss Appropriation A/c with MCQs
S.NTopics
10.Difference between charge against profit and appropriation of Profit with MCQs
11.Treatment of Interest on loan by the firm to the partner with MCQs
12.Treatment of Interest on loan by the Partner to the firm with MCQs
13.Treatment of Rent paid to partner in partnership firm with MCQs
14.Accounting Treatment of Managers commission in partnership with MCQs
15.Items not shown in Profit and Loss Appropriation A/c with MCQs
16.Methods of Maintaining Partners Capital A/c with MCQs
17.Accounting Treatment When Appropriation is more than the Available Profit with MCQs
18.Difference Between Fixed Capital A/c and Fluctuating Capital A/c with MCQs
19.Difference Between Capital and Current A/c with MCQs

S.NTopicsLectures link
20.Provisions relating to Interest on capital in Partnership with MCQsClick Here
21.Difference between drawings against capital and drawings against profit with MCQsClick Here
22.Methods to Calculate Interest on Capital with MCQsClick Here
23.Methods to Calculate Interest on Drawings with MCQsClick Here
24.Net Profit after charging such commission concept clarity with MCQs

TS Grewal Solutions Fundamentals of Partnership

S.NBookslink to Solutions
1.TS Grewal (2025-26)Click Here
2.TS Grewal (2024-25)Click Here
3.TS Grewal (2023-24)Click Here
4.TS Grewal (2022-23)Click Here
5.TS Grewal (2021-22)Click Here
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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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