2#dissolution of partnership firm in kannada 2puc karnataka

Dissolution of partnership firm is a process in which relationship between partners of firm is dissolved or terminated. If a relationship between all the partners of firm is dissolved then it is known as dissolution of firm. In case of dissolution of partnership of firm, the firm ceases to exist. This process includes the discarding and disposing of all the assets of firm or and settlements of accounts, assets, and liabilities. Learn more about Dissolution of partnership firm, legal provisions, and settlement of accounts. Dissolution of Partnership Firm As we know that after the dissolution of partnership firm the existing relationship between the partner’s changes. But, the firm continues its activities. The dissolution of partnership takes place in any of the following ways: Change in the existing profit sharing ratio. Admission of a new partner The retirement of an existing partner Death of an existing partner Insolvency of a partner as he becomes incompetent to contract. Thus, he can no longer be a partner in the firm. On completion of a specific venture in case, the partnership was formed specifically for that particular venture. On expiry of the period for which the partnership was formed. #retirement #retirementofpartner 2) Accounting for partnership concept Video 1 link -    • #1 Accounting For Partnership Firm Ba...   Video 2 link -    • #2 Accounting For Partnership Firm Ba...   Video 3 link -    • #3 Accounting For Partnership Firm Ba...   Video 4 link -    • #4 Accounting For Partnership Firm cl...   Video 5 link -    • #5 Accounting For Partnership Firm cl...   Video 6 link -    • #6 Accounting For Partnership Firm cl...   Video 7 link -    • #7 Accounting For Partnership Firm cl...   Video 8 link -    • #8 Accounting For Partnership Firm cl...   Video 9 link -    • #9 Accounting For Partnership Firm cl...   Video 10 link - @accountancykarnataka867 @EntertainmentAccess @accountancyrbg9137 @Blippi @KarnatakaTvNews @KarnatakaYouTubeChannel @KarnatakaExpres @gagankapoor4276 @EDUcareKarnataka @DPUEDKPUCPA @pucukkalbu @pue @financial accounting @bookkeeping @accounting basics @accounting for partnership firms @partnership accounting @partnership accounting introduction @Accounting for partnership firm basic concepts class 12 @partnership accounts 2nd puc karnataka @Partnership accounting @online class @Dpue dkpucpa kannada @Business studies Karnatak @Educare karnataka @accountancy karanataka #accountancy Karnataka #dissolution of partnership #revaluation #revaluationaccount #accounting basics #accounting for partnership firms #partnership accounting #Accounting for partnership firm basic concepts class 12 #profit and loss appropriation account #Dpue dkpucpa kannada #Educare karnataka #gagan kapoor #naresh agarwal What is Revaluation Account? A Revaluation Account is outlined to determine net profit or loss on revaluation of assets and liabilities and including those items that are unrecorded into books. Revaluation account is prepared at the time of admission of a new partner or in case of death or retirement of a partner. A revaluation account is an accounting tool used to adjust the value of assets and liabilities in a company's balance sheet to reflect its current market value. This adjustment can be made when there is a significant change in the value of the assets or liabilities, such as a change in market conditions or the company's financial position. In this blog post, we'll look closer at revaluation accounts and how they are used in accounting. When a company makes a significant change in its assets or liabilities, it must adjust the value of those items in its financial statements. This adjustment is necessary to ensure the company's financial statements accurately reflect its current financial position. However, complications can be there in such adjustments, especially when the company has many assets and liabilities. This is where a revaluation account comes in. accountancykarnataka867 11.9K subscribers 199 videos. Kannada Accounting classes. Subscribe. Home. Videos. Shorts. Live. Playlists. Community. Channels. accountancykarnataka867 11.9K subscribers 199 videos. Kannada Accounting classes. Subscribe. Home. Videos. Shorts. Live. Playlists. Community. Channels.    • #2nd  chapter #Accounting for partner...