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👉Previous Video: • Class 12 Accounts Chapter 2 | Accounting f... 👉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 3) ✔️ Topics Covered in This Video: This YouTube video provides an informative overview of accounting for partnership firms for Class 12th Accounts (2022-23). It covers the key principles, components and processes involved in setting up and managing a partnership firm. It explains topics such as the difference between a sole proprietorship and a partnership, the formation of a partnership agreement, the alteration of a partnership agreement, the type of accounts a partnership firm should keep, and more. With detailed examples and references, this video ensures that students understand the entire process and can master their class 12th Accounts exam. This video is ideal for students studying class 12th Accounts, as well as those wanting to learn more about the topic. ======================================================= 0:00 Concept: Past Adjustments 10:09 Omission of IDC: Example - 1 22:04 Example - 2 28:47 Omission of Appropriation: Example - 3 36:49 Omission of Appropriation & IDC: Example - 4 48:29 Sharing Profit in Wrong Ratio: Example - 5 54:30 Sharing Profit in Wrong Ratio & Omission: Example - 6 1:06:01 Guarantee of Profit ======================================================= 📢 🔥 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."