Change in Profit Sharing Ratio - One Shot | Class 12 Accounts

👉 Visit our Telegram Channel for PDF Notes: https://t.me/class12commercenxt 🔥Next Toppers Class 12th Commerce - Prarambh Batch Enroll Now: https://nexttoppers.com/view-courses/details/12th_Class:28611&parent= ☎️To Know More About Batch Contact: 📩 Support Email id 👉 [email protected] 📞 Call & WhatsApp 👉 9109771477 Don't miss out on the best CBSE Class 12 board exam preparation – Subscribe now and get ready to score high in Boards 2025 =========================================================================== In this one-shot session, we cover the complete concept in the simplest and most effective manner, perfect for your CBSE 2025 board exam preparation. ================================================================== 00:00 - Video Precap 00:33 - Introduction 00:54 - Concept 03:09 - Meaning of Reconstitution of Partnership 06:26 - Change in the Profit-Sharing Ratio Among the Partners 07:00 - Concept of Change in the Profit-Sharing Ratio Among the Partners 18:42 - Determination of Sacrificing Ratio & Gaining Ratio 19:48 - Questions 37:35 - Accounting Treatment of Accumulated Profits, Losses and Existing Goodwill Concept 40:29 - Accounting Treatment of Existing Goodwill 40:35 - Questions 49:10 - Workmen Compensation Reserve 51:21 - Workmen Compensation Reserve [When claim against WCR does not Exists] 52:09 - Workmen Compensation Reserve [When claim against WCR Exists] 55:30 - Questions 1:00:29 - Investment Fluctuation Reserve 1:03:20 - Questions 1:06:09 - Adjustment When Balances Are Retained In Books Concept 1:11:32 - Questions 1:16:03 - Accounting of Goodwill 1:17:44 - Questions 1:26:14 - Revaluation of Assets & Reassessment of Liabilities 1:26:53 - Partners may decide to 1:29:32 - Accounting Entries 1:40:00 - Questions 1:49:18 - Revaluation Expenses 1:50:33 - Questions 2:03:31 - Thank You =========================================================== #Class12Accounts #ChangeInProfitSharingRatio #AccountsOneShot #CBSE2025 #CommerceWithClarity #BoardExamPreparation #AccountancyRevision #PartnershipChangeRatio #CommerceClass12 #NextTopperscommerce #NextToppersClass12 #NextToppersClass12commerce #Class12 #CbseExam #CbseClass12 #Class12Board2025 #NcertClass12 #NextToppersClass11And12 #NextToppersClass 11commerce #NextToppers #NextToppers12Preparation