
Partnership Fundamentals| D K Goel 2025| Q 68| Ch 1| Class 12| Accounts| D K Goel@learnwithease
Partnership Fundamentals| D K Goel 2025| Q 68| Ch 1| Class 12| Accounts| D K Goel @learnwithease Accounting For Partnership Firms Fundamentals| D K Goel 2025| Q 68| Ch 1| Class 12| Accounts| D K Goel Solutions| Partnership Firm @learnwithease In this video you will learn about accounting for partnership firms. This is chapter 1 Class 12 Accountancy from D. K. Goel. In this you will understand Solution of Practical Question 68 Chapter 1 Class 12 D K Goel Accounts Cheese and Slice are equal partners. Their capital as on April 1 2022 were Rs.50000 and Rs.100000 respectively. After the accounts for the financial year ending 31st Mar.2023 have been prepared, it is observed that interest on capital @6% p.a. and Salary to Cheese @ Rs.5000 per annum as provided in the partnership deed has not been credited to the partner’s capital accounts before distribution of profits. You are required to give necessary rectifying entries using P & L Adjustment A/c. What is Partnership Deed? What are the provisions of Indian Partnership Act 1932 ? What is partnership firm? What are the conditions to form a partnership firm? What are the characteristics or features of partnership firm What is partnership deed? How profits are distributed among partners in absence of partnership deed? What is LLP? What is the difference between partnership and limited liability partnership? #partnership #partnershipfirms #dkgoel2025 #dkgoel2025accountssolutions #dkgoel2025class12accountspartnership #dkgoel2025partavolume1partnershipsolutionsclass12 #fundamentalsq68 #q68fundamentals #accountingforpartnershipfirm #accountingforpartnershipfirmsclass12accountancy #class12 #accounts #chapter1class12 #ch1class12accounts #finanancialstatementsofpartnershipfirms #profitandlossappropriationaccount #q68ch1 #solutionofquestion68chapter1class12accountantancydkgoel #solution68ch1class12accounts #solutionsofch1partnershipfirmq68 #question68withsolutionofch1accounts #q68class12partnershipfirms #profitandlossaccount #profitsharingratio #partnershipclass12 #class12ch1accountancy #solutionsofdkgoelclass12accountancy #solutionsofpartnershipaccountingch1class12dkgoel #partnershipaccounts #partnershipaccounting #solutionsofdkgoel #solutionsofpartnershipch1 #partnershipdeed #financialstatementsofpartnershipfirms #partnerscapitalaccount #cashbook #journalentries #brsclass11 #npoclass12 #npo #financialstatementsclass11accounts #rectificationoferror #accountancyclass12ch1 #q68 #fluctuating #capitalaccount #accounting #solution #class #12th #capital #question68 #managerscommission #partnerscommission #afterprofit #beforeprofit #calculationofinterestondrawings #drawingsoutofprofit #drawingsoutofcapital #financialstatementsofpartnershipfirms #partnerscapitalaccount #cashbook #journalentries #brsclass11 #npoclass12 #npo #financialstatementsclass11accounts #rectificationoferror #accountancyclass12ch1 #fluctuating #capitalaccount #accounting #solution #class #12th #capital #managerscommission #partnerscommission #afterprofit #beforeprofit #calculationofinterestondrawings #drawingsoutofprofit #drawingsoutofcapital @learnwithease