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n this video, we explain the concept of Change in Profit Sharing Ratio in partnership accounting, especially at the time of admission, retirement, and death of a partner. This topic is very important for Class 12 and other commerce students. 🔎 Topics Covered: Meaning of Profit Sharing Ratio Change in Ratio at the time of Admission of a Partner Calculation of Sacrificing Ratio Treatment of Goodwill Change in Ratio at the time of Retirement of a Partner Calculation of Gaining Ratio Adjustments of Reserves and Accumulated Profits/Losses Change in Ratio at the time of Death of a Partner Practical problems with easy explanations 📊 This video will help you understand journal entries, adjustments, and calculations step by step in a simple and easy way. 👍 Don’t forget to Like, Share & Subscribe for more partnership accounting and commerce-related videos. 💬 Comment below if you have any doubts or want more practice questions! Featured: Partik Desai (Director/Fac, KAI-V) Courses: 11th-12th GSEB/CBSE | B.Com | CA | CMA Foundation follow us : https://www.instagram.com/kai__vidhya... website : http://www.kaividhya.com/ #PartnershipAccounts #ProfitSharingRatio #AdmissionOfPartner #RetirementOfPartner #DeathOfPartner #Class12Accounts #CommerceStudent #commerce #bcom #cafoundation #education #study #gseb #cbse