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.
Similar to the sole proprietor, the partnership firm also prepares its final accounts from the trial balance.
Let's learn more about goodwill and its various aspects!
In this course, we discuss the change in profit and loss sharing ratio or distribution ratio between the existing partners in detail.
When a partner is admitted to the existing partnership firm, it is called admission of a partner.
What is retirement? What are the circumstances of retirement of a partner? Find the answers to these questions and test your knowledge too!
What are debentures? How are they classified? Learn this and much more in this course on debentures!