This is the video about Death of a partner, In this we have discussed the meaning of death of a partner/deceased partner and deceased partner capital account format and three different mode of payments.
In that death of a partner/deceased partner capital account format:
What is Good will
What is profit and loss suspense account
What is profit on revaluation
What is Profit and Loss (credit balance)
What is Share of proceeds JLP (Joint Life Policy )
What is Interest on Capital
What is Old goodwill
What is drawings
What is Interest on drawings
What is loss on revaluation
What is Profit and Loss (debit balance)
Then What is Executor's account
Under three mode of payments( Lump sum payment method, Installment payment method and Annuity method)
Please try to watch complete video to understand this topic.
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LIST OF VIDEOS
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For - Death of a Partner - Treatment of Goodwill :
https://youtu.be/oQczoMf06YEFor - Death of a Partner - Calculation of Deceased partner's share of profit on the basis of Time and Sales:
https://youtu.be/zvoFPJ4arUUFor - Retirement of a partner [Profit sharing ratio and Goodwill]:
https://youtu.be/-4WCvPAJP_4For - Retirement of a partner [Memorandum revaluation a/c and payment to the retiring partner]:
https://youtu.be/aMDt1ouYoccFor - Retirement of a partner [Comprehensive problem]:
https://youtu.be/K1r6Tq6yCvg--------------------------------
LIST OF PLAYLISTS
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Retirement and Death of a partner video collections:
https://www.youtube.com/playlist?list=PLabr9RWfBcnqs178u_bjEgfDDoo7ccYrPPartnership Accounting Collections:
https://www.youtube.com/playlist?list=PLabr9RWfBcnrVFNEbRescLNuog5cxtlOpPlaylist [Financial accounting tutorial collections]:
https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46----------------------------
Please visit my channel www.youtube.com/c/kauserwise to get more tutorials under various subjects.
Financial accounting
FM - Financial Management
Cost and management accounting
Corporate accounting
Operation research
Statistics
My another Accounting Channel for Class 11 and 12 :
https://www.youtube.com/channel/UCJSK_K7U8vPeQcMKfg9eGxAPlease support this channel by subscribe and share with your friends.
Hope this video is helpful you to get the subject knowledge, If you like this video please like, comment, share and subscribe.
Thank you
Kauserwise®
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