Elements of Accounts (Part 1) is the basis for your success in 12th Commerce board exams!
After learning the various aspects of Partnership and goodwill, we now dive into some more exciting concepts with Accounts Part 2!
A partnership is a single business in which two or more people share ownership.
What are debentures? How are they classified? Learn this and much more in this course on debentures!
Similar to the sole proprietor, the partnership firm also prepares its final accounts from the trial balance.
In this course we shall learn the preparation of balance sheet and statement of profit and loss of company as per Companies Act, 2013.
This Chapter is of 4 Marks in Board Exam. 1 Mark - Answer in one Sentence, 4 Mark Answer is Short - Sum is Expected
In this course, we discuss the change in profit and loss sharing ratio or distribution ratio between the existing partners in detail.
"The relationship between two accounting figures, expressed mathematically, is known as financial ratio."
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