Partnership Fundamentals| D K Goel| Q1| Ch 1| Class 12| Accounts| D K Goel Solutions@learnwithease
Partnership Fundamentals| D K Goel| Q1| 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 1 Chapter 1 Class 12 D K Goel Accounts X and Y are partners in a firm. They do not have any partnership deed. What should be done in the following cases :- X has invested ₹10,00,000 and Y only ₹5,00,000 as capital. X wants interest on capital @ 8% р.а. X spends twice the time that Y devotes to the business. He wants a salary of ₹10,000 per month for the extra time spent by him. X wants to introduce his son Rajesh into the business for 25% share to be given out of his share of profits. Y objects it. X has advanced a loan of ₹2,00,000 to the firm. He claims interest @ 9% p.a. Y withdraws 10,000 per month from the firm for his personal use. X claims that interest on drawings @ 12% p.a. be charged from Y. 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 #fundamentalsq1 #q1fundamentals #accountingforpartnershipfirm #accountingforpartnershipfirmsclass12accountancy #class12 #accounts #chapter2 #ch2class12accounts #finanancialstatementsofpartnershipfirms #profitandlossappropriationaccount #q48ch2 #solutionofquestion48chapter2class12accountantancydkgoel #solution48ch2class12accounts #solutionsofch2partnershipfirmq48 #question48withsolutionofch2accounts #q48class12partnershipfirms #profitandlossaccount #profitsharingratio #partnershipclass12 #class12ch2accountancy #solutionsofdkgoelclass12accountancy #solutionsofpartnershipaccountingch2class12dkgoel #partnershipaccounts #partnershipaccounting #solutionsofdkgoel #solutionsofpartnershipch2 #partnershipdeed #financialstatementsofpartnershipfirms #partnerscapitalaccount #cashbook #journalentries #brsclass11 #npoclass12 #npo #financialstatementsclass11accounts #rectificationoferror #accountancyclass12ch2 #q48 #fluctuating #capitalaccount #accounting #solution #class #12th #capital #question47 #managerscommission #partnerscommission #afterprofit #beforeprofit #calculationofinterestondrawings #drawingsoutofprofit #drawingsoutofcapital #financialstatementsofpartnershipfirms #partnerscapitalaccount #cashbook #journalentries #brsclass11 #npoclass12 #npo #financialstatementsclass11accounts #rectificationoferror #accountancyclass12ch2 #q48 #fluctuating #capitalaccount #accounting #solution #class #12th #capital #question48 #managerscommission #partnerscommission #afterprofit #beforeprofit #calculationofinterestondrawings #drawingsoutofprofit #drawingsoutofcapital @learnwithease
