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Admission of a New Partner in Partnership Accounting | Detailed Explanation & Adjustments 8 дней назад


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Admission of a New Partner in Partnership Accounting | Detailed Explanation & Adjustments

This video covers the key concepts involved in the Admission of a New Partner in a partnership firm. We explore the accounting treatment of important factors such as profit-sharing ratio changes, goodwill adjustments, revaluation of assets and liabilities, and capital account adjustments. You’ll also learn how to handle the calculation of new partner's capital, and how existing partners' accounts are affected. This comprehensive session is perfect for students preparing for UGC NET Commerce and other accounting exams. #NewPartnerAdmission #PartnershipAccounting #UGCNETCommerce #GoodwillAccounting #CapitalAdjustments #ProfitSharingRatio

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