Fundamentals of Partnership One Shot | Class 12 Accounts Complete Chapter-1 | CBSE 2025-26 Exam
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Next Toppers - 12th Commerce
CBSE ( Class 12 )
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In this one shot revision session, Rohit Sir will cover all the important concepts of Accounts Chapter-1 i.e Fundamentals of Partnership Firm with examples and tricks to help you score full marks in your CBSE 2025-26 exams.
ā
Topics Covered:
- Meaning of Partnership
- Features of Partnership Firm
- Partnership Deed
- Profit Sharing Ratio
- Past Adjustments
- Guarantee of Profit
And More!
=========================================================================
"00:00 - Video Precap
0:49 - Chapter Introduction
01:03 - Partnership Concept -
22:17 - Definition of Partnership
24:09 - Features of Partnership
24:03 - Rights of a Partner
28:06 - Partnership Deed Concept
33:05 - Partnership Deed
34:26 - Rules in the absence of Partnership Deed
40:09 - Question (Oral Agreement)-
52:07 - Specimen of the Profit and Loss Appropriation Account
55:03 - Capital accounts
56:02 - Fixed Capital Accounts
1:00:33 - Fluctuating Capital Accounts -
1:04:52 - Difference between Fixed and Fluctuating Capital
1:06:12 - Change Against Profit and Appropriation of Profit
1:09:31 - Questions
1:26:48 - Interest on Capital
1:27:30 - Questions
1:47:20 - Commission
1:50:27 - Manager Commission
1:57:51 - Notes
1:58:42 - Partners Commission
2:03:28 - Transfer to General Reserve
2:10:30 - Calculation of opening capital (format)
2:13:21 - Opening Capital
2:17:51 - Interest on Drawing (Drawing against Profit)
2:18:50 - Calculation of Interest on Drawing
2:20:47 - Question
2:30:04 - Average Period Method
2:39:10 - Question
3:16:54 - Past Adjustments
3:22:12 - Concept
3:22:14 - Question
3:51:15 - Guarantee of Profit
3:56:23 - Question
=============================================================
Watch this video till the end for complete understanding, and donāt forget to Like, Share & Subscribe for more helpful videos like:
- Accounts Class 12 One Shot
- Partnership Accounts Class 12 One Shot
- Class 12 Fundamentals of Partnership Firm
š Visit our Telegram Channel for PDF Notes: https://t.me/class12commercenxt
š„Next Toppers Class 12th Commerce - Prarambh Batch
Enroll Now: https://nexttoppers.com/view-courses/details/12th_Class:28611&parent=
āļøTo Know More About Batch Contact:
š© Support Email id š [email protected]
š Call & WhatsApp š 9109771477
Don't miss out on the best CBSE Class 12 board exam preparation ā Subscribe now and get ready to score high in Boards 2025
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In this one shot revision session, Rohit Sir will cover all the important concepts of Accounts Chapter-1 i.e Fundamentals of Partnership Firm with examples and tricks to help you score full marks in your CBSE 2025-26 exams.
ā
Topics Covered:
- Meaning of Partnership
- Features of Partnership Firm
- Partnership Deed
- Profit Sharing Ratio
- Past Adjustments
- Guarantee of Profit
And More!
=========================================================================
"00:00 - Video Precap
0:49 - Chapter Introduction
01:03 - Partnership Concept -
22:17 - Definition of Partnership
24:09 - Features of Partnership
24:03 - Rights of a Partner
28:06 - Partnership Deed Concept
33:05 - Partnership Deed
34:26 - Rules in the absence of Partnership Deed
40:09 - Question (Oral Agreement)-
52:07 - Specimen of the Profit and Loss Appropriation Account
55:03 - Capital accounts
56:02 - Fixed Capital Accounts
1:00:33 - Fluctuating Capital Accounts -
1:04:52 - Difference between Fixed and Fluctuating Capital
1:06:12 - Change Against Profit and Appropriation of Profit
1:09:31 - Questions
1:26:48 - Interest on Capital
1:27:30 - Questions
1:47:20 - Commission
1:50:27 - Manager Commission
1:57:51 - Notes
1:58:42 - Partners Commission
2:03:28 - Transfer to General Reserve
2:10:30 - Calculation of opening capital (format)
2:13:21 - Opening Capital
2:17:51 - Interest on Drawing (Drawing against Profit)
2:18:50 - Calculation of Interest on Drawing
2:20:47 - Question
2:30:04 - Average Period Method
2:39:10 - Question
3:16:54 - Past Adjustments
3:22:12 - Concept
3:22:14 - Question
3:51:15 - Guarantee of Profit
3:56:23 - Question
=============================================================
Watch this video till the end for complete understanding, and donāt forget to Like, Share & Subscribe for more helpful videos like:
- Accounts Class 12 One Shot
- Partnership Accounts Class 12 One Shot
- Class 12 Fundamentals of Partnership Firm
š Visit our Telegram Channel for PDF Notes: https://t.me/class12commercenxt
š„Next Toppers Class 12th Commerce - Prarambh Batch
Enroll Now: https://nexttoppers.com/view-courses/details/12th_Class:28611&parent=
āļøTo Know More About Batch Contact:
š© Support Email id š [email protected]
š Call & WhatsApp š 9109771477
Don't miss out on the best CBSE Class 12 board exam preparation ā Subscribe now and get ready to score high in Boards 2025
#NextTopperscommerce
#NextToppersClass12
#NextToppersClass12commerce
#Class12
#CbseExam
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