Class 11 & 12 Accountancy - Admission Of New Partner - Partnership Video by Let's Tute
Whenever a new partner joins a partnership, the old partnership is dissolved and a new partnership is formed. This session on Partnership Accounting mainly focuses on the things which needs to be done during an Admission of a Partner. Learn how the accounts are presented and how the different adjustments are made like profit sharing ratio,capital contribution, goodwill calculation ,revaluation, profit or loss etc.
Audience of the Video :
This video Useful for Class XI & XII students.