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👉Previous Video: • Financial Statements of NPO Complete Objec... 👉Next Video: • Class 12 Accounts Chapter 2 | Accounting f... ✔️📚👉 Watch Full Free Course: https://www.magnetbrains.com ✔️📚👉 Get Notes Here: https://www.pabbly.com/out/magnet-brains ✔️📚👉 Get All Subjects Playlists: https://www.pabbly.com/out/all-videos... =============================================== 📢 Full Playlist Link: • Class 12 Accounts | Full Chapter Videos | ... ✅ In this video, ✔️ Class: 12 ✔️ Subject: Accounts ✔️ Chapter: Accounting for Partnership Firms ✔️ Topic Name: Accounting for Partnership Firms Full Concepts (Part 1) ✔️ Topics Covered in This Video: This YouTube video provides an overview of the concept of Accounting for Partnership Firms covered in Chapter 2 of Class 12th Accounts (2022-23). It explores the accounting process of forming a partnership, the main features of a partnership agreement, and the various advantages and disadvantages of a partnership. Additionally, the video will explain the important topics such as the accounting treatment of admission of a partner, accounting treatment of retirement of a partner, dissolution of a firm, and preparation of various accounting books of partner. Lastly, it will offer some practical tips and insights to help you understand the subject better and become proficient in solving numerical problems. ======================================================= 00:00 Accounting for Partnership Firms Introduction: Full Concepts 03:37 Meaning & Definition 12:24 Nature of Partnership 16:52 Feature / Characteristics of Partnership 28:53 Rights of Partners 28:15 Basic Terms & Concepts 49:11 Partnership Deed 01:00:03 Charge Against Profit & Appropriation of Profit 01:31:35 Journal Entries ======================================================= 📢 🔥 Available (Kindergarten to 12th) all Video Subject wise Playlist https://www.pabbly.com/out/all-videos... Why study from Magnet Brains? Magnet Brains is an online education platform that helps gives You NCERT/CBSE curriculum based free full courses from Kindergarten to Class 12th so that you can perform well in any and all exams you give in your academic career. 👉 Contact us 🤑🤑 ➡️ Connect with us : magnetbrainsbhopal@gmail.com ➡️ Website : https://www.magnetbrains.com/ ➡️ Subscribe to us on YouTube: / @magnetbrainseducation ➡️ Subscribe to Magnet Brains Hindi Medium : / @magnetbrainshindimedium ➡️ Subscribe to Magnet Brains IIT JEE & NEET: / @magnetbrainsiit-jeeneet6538 ➡️ Subscribe to Magnet Brains Competition : / @magnetbrainscompetition ➡️Facebook-: https://www.magnetbrains.com/out/face... ➡️Telegram-: https://www.magnetbrains.com/out/tele... ➡️Instagram:-https://www.magnetbrains.com/out/inst... #2022_23 #2022 #2023 Disclaimer: "This video is for educational and informational purposes only and is not intended to infringe on any copyrights. If you believe that this video has used any copyrighted material in a way that constitutes copyright infringement, please contact us at contact@magnetbrains.com and we will take appropriate action."