Partnership Accounts
Partnership Accounts for CA Foundation, CS Foundation, CMA Foundation, CBSE, ICSE, Class 11-12 (Commerce) courses.
Partner’s Accounts, Fixed capita, Fluctuating Capital. Partner’s Current Account, Partner’s Drawings Account, Partners’ Loan Account, Profit and Loss Appropriation Account, Interest on Drawing, Distribution of profit, Goodwill, Valuation of Goodwill, Hidden Goodwill
Introduction of New Partner, Revaluation on admission, Profit Sharing Ratio, Proportionate Capital,
Retirement of Partner Accounts
Retirement of Partner, Gaining Ratio, Revaluation on Retirement, Reserve Fund, Final Payment to Retiring Partner, Partner’s Loan Repayment,
Consequences of Death of Partner, Joint Life Policy, Payment of Deceased Partner’s Share
Amalgamation of Partnership Firms
Amalgamation of Firms, Accounting Entries of Amalgamating Firms, Accounting Entries in Books of New Firm
Dissolution of Partnership Firm
Dissolution of Partnership Firm, Dissolution before expiry of a fixed term, Closing of Partnership Books on Dissolution, Realisation Account, Take Over of business by Partners, Insolvency of Partner, Piecemeal Payments,
Conversion & Sale into Company
Sale or Conversion of Partnership Firm, Calculation of purchase Consideration, Revaluation of Assets and Liabilities, journal Entries at the time of conversion of partnership firm, Takeover by Company
