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The CBSE Class 12 Accountancy syllabus for 2024-25 aims to provide students with a strong understanding of basic accounting principles and methods. It also helps them learn about the latest ways to prepare and present financial statements according to current accounting standards and the Companies Act 2013.
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CBSE Class 12 Accountancy Part I videos are provided below. For Part II, use the link below.
<red>→ <red> Download CBSE Class 12th Accountancy videos- Part II
Chapter 1, Accountancy, explains the nature of the partnership, partnership deed, special aspects of partnership accounts, distribution of profit among partners, a guarantee of profit to a partner, and past adjustments.
Watch Sunil Panda’s Accounting for Partnership video to learn the chapter with ease.
In class 12, chapter 2 Accountancy, there is a detailed description of modes of reconstitution of a partnership firm, admission of a new partner, new profit sharing ratio, sacrificing ratio, goodwill, adjustment for accumulated profits and losses, revaluation of assets and reassessment of liabilities, adjustment of capitals and change in profit sharing ratio among the existing partners.
Watch Sunil Panda’s Admission of a Partner video.
In class 12, chapter 3, there is a detailed description ascertaining the amount due to the retiring/deceased partner, new profit sharing ratio, gaining ratio, treatment of goodwill, adjustment for revaluation of assets and liabilities, adjustment of accumulated profits and losses, disposal of amount due to retiring partner, adjustment of partners’ capitals, and death of a partner.
Watch Sunil Panda’s Retirement of a Partner video.
In the class 12 chapter, there is a detailed description of the dissolution of a partnership, dissolution of a firm, settlement of accounts, accounting treatment, and journal entries.
Watch Sunil Panda’s Dissolution of Partnership Firm video.
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