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.

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

S.NTopicsLectures link
21.Provisions relating to Interest on capital in PartnershipClick Here
22.Difference between drawings against capital and drawings against profitClick Here
23.Methods to Calculate Interest on CapitalClick Here
24.Methods to Calculate Interest on DrawingsClick Here
25.Net Profit after charging such commission concept clarity

TS Grewal Solutions Fundamentals of Partnership

S.NBookslink to Solutions
1.TS Grewal (2023-24)Click Here
2.TS Grewal (2022-23)Click Here
3.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 and can download the Android & ios app for free lectures.

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