CHAPTER-1 | FUNDAMENTAL OF PARTNERSHIP | LECTURE-1 | CLASS-12 | 20 March 2025

Welcome to our Class 12 Accountancy series! In this video, we cover the Fundamentals of Partnership Firm Accounts, including essential concepts, important formulas, and practical examples. 📌 Topics Covered: ✔️ Meaning & Features of Partnership ✔️ Partnership Deed & Its Importance ✔️ Profit & Loss Appropriation Account ✔️ Interest on Capital & Drawings ✔️ Partners’ Salaries, Commission & Profit Sharing ✔️ Past Adjustments & Guarantee of Profit This video is perfect for CBSE, ISC, and State Board students, helping you build a strong foundation for your exams. 🔔 Subscribe for more Class 12 Accountancy videos! 📢 Like, Share & Comment if you found this helpful! #Class12Accountancy #PartnershipAccounts #Commerce #Accountancy #CBSE #ISC #BoardExam