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More Videos: Dissolution of Partnership: Journal Entries | Marathi Explanation | Maharashtra HSC Board Class 12th • Dissolution of Partnership: Journal Entrie... Death Of Partner: Calculation of Goodwill & Deceased Partner's Share in Profit | Marathi Explanation • Death Of Partner: Calculation of Goodwill ... Admission of Partner: Journal Entries | Class 12th Maharashtra HSC • Admission of Partner: Journal Entries | Cl... Vertical Income Statement Explained in Marathi | Class 12 Book Keeping & Accountancy • Vertical Income Statement Explained in Mar... Vertical Balance Sheet Class 12 | HSC Board | Marathi Explanation | Book-Keeping & Accountancy • Vertical Balance Sheet Class 12 | HSC Boar... ### 2026 Video 20 ### Description In this video, we explain *Admission of Partner* under *Reconstitution of Partnership* in a clear and exam-oriented way for **Class 12 Maharashtra HSC Board students**, with a complete English explanation. Admission of Partner is a key topic from the chapter Reconstitution of Partnership and is frequently asked in board exams. This lecture helps you understand the concept, required adjustments, and accounting treatment as per the HSC syllabus. 📌 *Topics covered in this video:* • Meaning of Reconstitution of Partnership • Admission of a New Partner • New Profit Sharing Ratio • Sacrificing Ratio • Treatment of Goodwill • Revaluation of Assets and Liabilities • Adjustment of Reserves and Accumulated Profits • Journal entries explained step-by-step • Exam-oriented guidance for Class 12 🎯 *Useful for:* Class 12 Commerce students Maharashtra HSC Board exam preparation Partnership Accounts revision Book-Keeping & Accountancy students Watch the complete video to strengthen your Reconstitution of Partnership concepts and score better in Accounts. 👍 Like | 💬 Comment | 📌 Share | 🔔 Subscribe for more Class 12 Accounts tutorials ### Tags admission of partner class 12,reconstitution of partnership class 12,admission of partner english explanation,partnership accounts class 12,hsc accounts class 12,maharashtra board accounts,book keeping and accountancy class 12,new profit sharing ratio class 12,sacrificing ratio class 12,goodwill on admission class 12,revaluation account class 12,commerce class 12 accounts,accounts exam preparation,accounts tutorial class 12,board exam accounts ### ©2026, AkountsLab Online