Partnership - Admission

Check video explaining the Accounting treatment of Accumulated profits and losses at the time of admission of a partner: CLICK HERE

Video to understand different cases of Treatment of Provision for Bad debt:  CLICK HERE

Check the video of the story by R J Viny of 94.3 FM to explain Sacrificing ratio 

CLICK HERE

Test -1 Treatment of goodwill at time of admission Test : Click here   
 For solution : Click here 

Test -2 Calculation of new profit sharing ratio and sacrificing ratio : Click here 
 For solution :Click here

Worksheet based on Topic Adjustment of Capital (Empty worksheet and solution sheet) : Click here