Description:

XII Accounts GSEB : Chapter 4: Reconstruction of Partnership Firm is a course specially designed for students who wish to understand partnership firm reconstruction and the accounting procedures involved in it. The course covers all the crucial topics needed to excel in the field of accounting and commerce.

Key Highlights:

• Covers the entire syllabus of GSEB
• Expert guidance from experienced teachers
• Easy-to-understand language
• Multiple examples and case studies

What you will learn:

• Concept of Reconstruction of Partnership Firm
  Understanding the meaning of partnership reconstruction, reasons for reconstruction, modes of reconstruction, and accounting treatment involved in reconstruction.
• Dissolution of Partnership Firm and Accounting Treatment
  Learn about the reasons for dissolution, the procedure for dissolution, and the accounting treatment required in case of dissolution of a partnership firm.
• Preparation of Revaluation Account, Partner's Capital Account and Balance Sheet
  This module will cover the preparation of revaluation account, accounts of partners in case of solvent and insolvent partners, capital accounts, and balance sheet.