Partnership Class 12 | Retirement of a Partner – Treatment of Revaluation, Profits & Loss, WCR & IFR скачать в хорошем качестве

Partnership Class 12 | Retirement of a Partner – Treatment of Revaluation, Profits & Loss, WCR & IFR

Class 12 Accounts – Lecture 44 | Retirement of a Partner | Partnership Accounting | By CA Shivam Mittal Welcome to Lecture 44 of our Partnership Accounting series for Class 12th CBSE & RBSE. In this session, we will cover one of the most important topics – Retirement of a Partner, including Treatment of Revaluation, Profits & Losses, Workmen Compensation Reserve (WCR), and Investment Fluctuation Reserve (IFR). This lecture is designed to provide a complete understanding for Class 12 students preparing for Board Exams, Competitive Exams, and Professional Courses (like CA Foundation, B.Com, M.Com, and other commerce-related fields). 🔑 Topics Covered in This Lecture Introduction to Retirement of a Partner Meaning of retirement Situations leading to retirement Legal provisions regarding retirement Adjustment of Revaluation of Assets and Liabilities Revaluation account preparation Profit or loss on revaluation Treatment in partners’ capital accounts Distribution of Profits and Losses on Retirement Old ratio vs new ratio Sacrificing ratio & gaining ratio concept Examples and solved illustrations Workmen Compensation Reserve (WCR) Meaning and purpose Treatment of WCR at the time of retirement Case study: WCR fully required, partly required, and not required Investment Fluctuation Reserve (IFR) Meaning and adjustment Journal entries related to IFR Practical examples Practical Problems & Numerical Solutions Step-by-step solutions to previous year questions Shortcuts and tricks to remember 📚 Why This Lecture is Important? Covers 100% Exam-Oriented Content Simplifies difficult accounting adjustments in an easy-to-understand way Includes step-by-step journal entries and ledger posting Based on the latest Class 12th CBSE & RBSE syllabus Helps in board exams, CA Foundation & B.Com preparation ✔️Why study from Education insights? Education insights is an online education platform that helps give You NCERT/CBSE curriculum-based free full courses. so that you can perform well in any and all exams you give in your academic career. 👉 Contact us ➡️ Connect with us: ceoeducationinsights@gmail.com ➡️ Instagram:   / educationinsights   ➡️ Facebook:   / educationinsights-457474148332755   You can download our app 'EDUCATION INSIGHTS' from play store. Link for app: https://yeeuy.on-app.in/app/home?orgC... You can buy our book from amazon: Link : https://www.amazon.in/dp/B0CTH87DQY?r... #partnershipaccounting #accountssolutions #accountsclass12 #retirementofapartner #class12accouts #revaluationofassetsandliabilities