DEATH OF PARTNER.PARTNERSHIP FUNDAMENTALS.CLASS 12th ACCOUNTANCY.

  • 3 months ago
DEATH OF PARTNER.PARTNERSHIP FUNDAMENTALS.CLASS 12th ACCOUNTANCY.
IN THIS VIDEO YOU WILL UNDERSTAND HOW TO CALCULATE THE SHARE OF PROFIT OR LOSS OF THE DECEASED PARTNER MEANS THE DEAD PARTNER UNDER THE PARTNERSHIP ACCOUNTING. KINDLY WATCH ALL THE VIDEOS IN A PROPER ORDER TO GET BETTER CLARITY ON THE TOPICS. KINDLY SHARE THE VIDEO WITH YOUR FRIENDS ALSO. THANKS AND REGARDS.
Transcript
00:00So guys this is Sonia Setia your accounts and eco-tutor so today we will understand
00:04how to calculate the share of profit or loss of diseased partner means the dead partner
00:10on the basis of time so we will take an example suppose partner A died after 2 months of the
00:16close of the previous year and the profit for the previous year is 24,000 so here we
00:22calculate the profit of the firm for 2 months that would be 24,000 into 2 by 12 that would
00:28be 4,000 right and suppose partner A took 3 by 10 share in the profits so partner A's
00:36profit would be 4,000 into 3 by 10 that is 1200 right so this is how we calculate the
00:44profit on the basis of time hit the like button subscribe my channel thank you so much.

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