CBSE Grade 12 Accountancy Revision Notes 1. Partnership Firm :Basic Concepts Worksheet1. Charge Against Profits and Appropriation of Profits2.Interest on Loan by Partner to Firm 3.Rent Payable to a Partner 4.Profit and Loss Appropriation Account5.Interest on Capital 6. Interest on Drawings 7. Journal Entry Interest on Drawings (Sums 7-14)8. Interest on Drawings Extra sums ( 15-19 ) 9. Fixed Capital method v/s Fluctuating Capital Method 10.Guarentee of minimum Profit to a Partner     Video Playlist1. Charge Against Profits and Appropriation of Profits2.Interest on Loan by Partner to Firm 3.Rent Payable to a Partner 4.Profit and Loss Appropriation Account5.Interest on Capital 6. Interest on Drawings7. Journal Entry Interest on Drawings 8. Interest on Drawings extra sums 15-19  9. Fixed Capital V/s Fluctuating Capital10. Guarentee of minimum Profit to a Partner    2. Goodwill: Nature and Valuation Worksheet1.Simple Average Profit Method2.Calculation of average normal profit 3.Weighted average Profit4.Calculation of capital employed5.Goodwill with super profit method6.Capitalization of average profit7.Capitalization of super profit Video Link 1.Simple Average Profit Method2.Calculation of average normal profit3.Weighted average Profit4.Calculation of capital employed5.Goodwill with super profit method6.Capitalization of average profit7.Capitalization of super profit 3.Change in Profit - Sharing Ratio Worksheet1.Change in profit sharing ratio explanation2. Calculation of New / Sacrifice and Gaining Ratio 3.Accounting treatment for goodwill 4. Accounting treatment for reserves and accumulated Profits5. Revaluation Of Assets and Liabilities (Basic Explanation )6. Sums related to Revaluation of Assets and Liabilities 7. Adjustment of Capital 8.Preparation of Balance sheet Video Link1. Change in profit sharing ratio explanation2. Calculation of New/Sacrifice & Gaining Ratio3.Accounting treatment for goodwill4.Accounting treatment for reserves &accumulated Profits5.Revaluation of Assets & Liabilities (basic explanation)6.Sums related to Revaluation of Assets & Liabilities7.Adjustment of Capital8.Preparation of Balance Sheet 4. Admission of a Partner Worksheet 1.Introduction 2.Treatment of goodwill3. Revaluation of Assets and Liabilities 4. Adjustment Of Capital 6. Death of a Partner Worksheet1.Basic explanation2.Past Paper questions Part 13.Past Paper questions Part 24.Garish ,Harish & Reena are partners5.Sudhir ,Deepak & Naveen are partners Video Playlist1.Basic explanation2.Past Paper questions Part 13.Past Paper questions Part 24.Garish ,Harish & Reena are partners5.Sudhir ,Deepak & Naveen are partners 7. Dissolution of a Partnership Firm Past Paper Worksheet1.Steps for Dissolution      Video Link 1.Steps for Dissolution      8.Ratio  Worksheet1.Profitabilty Ratio2.Turnover Ratio3.Solvency Ratio4.Specimen & Past Paper Question Part 15.Past Paper & sample Question Part 26.Past Paper Question Part 37.Past Paper Question Part 4  Video Playlist1.Profitabilty Ratio2.Turnover Ratio3.Solvency Ratio4.Specimen & Past Paper Question Part 15.Past Paper & sample Question Part 26.Past Paper Question Part 37.Past Paper Question Part 4 9.Cash Flow Worksheet1.Basic Explanation & MCQ2.Past paper 2023 set 1 P-67-1-1 Video Playlist1.Basic Explanation & MCQ2.Past paper 2023 set 1 P-67-1-1 10.Past Paper Questions 1. P-67-1-1 Set 1  20232.Specimen Part 13.Specimen Part 2 1. Video 1 2.Video 2 3.Video 3
