Change in Profit Sharing Ratio & Admission of a Partner | Day 02 | CBSE Boards 2026 Revision

✅Get Free Notes of This Session https://physicswallah.onelink.me/ZAZB... Class 12 Accountancy One Shot🎯| Vishwaas Batch | Detail One Shot Chapter - wise :-    • Class 12 One Shot🎯Accountancy | Vishwaas B...   Class 12 Accountancy | Full Partnership in One Shot | All Partnership Chapters🎯| All-in-One Revision🔥:- https://youtube.com/live/5N-7Nb3J12M?... Class 12th Accountancy📕 PYQs (Previous Year Questions)✅ Series | :-    • PYQs (Previous Year Questions)✅ Series | C...   Change in Profit Sharing Ratio among existing partners & Admission of a Partner | Class 12 Accountancy | Day 02 | CBSE Boards 2026 Exams Revision Lock your 12 Marks in Class 12 Accounts with CA Manish Mahajan Sir’s Revision: Endgame (Day 2)! 🛡️ In this power-packed live session, we are covering the most scoring concepts of Partnership, including Change in Profit Sharing Ratio (PSR) among existing partners, the complete process of Admission of a Partner, and the crucial Valuation & Treatment of Goodwill. Master Revaluation Accounts, Capital Adjustments, and the distribution of Accumulated Profits/Reserves in one go🔥. Teacher's Name : CA Manish Mahajan Sir 📕Project 45 Class 12 Commerce Crash Course https://physicswallah.onelink.me/ZAZB... 📕Pravesh CUET Commerce 2.0 2026 https://physicswallah.onelink.me/ZAZB... ✅Pravesh CUET Commerce 2026 https://physicswallah.onelink.me/ZAZB... 📕Project 45 Class 12 Commerce Crash Course + Pravesh CUET Commerce 2.0 2026 https://physicswallah.onelink.me/ZAZB... 📲PW App Link - https://bit.ly/PW_APP 🌐PW Website - https://bit.ly/PW_APP ---------------------------------------------------------------- 📌Commerce 𝐖𝐀𝐋𝐋𝐀𝐇 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀 𝐏𝐑𝐎𝐅𝐈𝐋𝐄𝐒 : 🌐 Telegram: https://t.me/OfficialCommercewallah 🌐 Instagram: https://www.instagram.com/pwcommercew... 📌 For any queries or complaints Visit : https://bit.ly/PW_Queries 📌Give a missed call on 07019-243-492 00:00 - Introduction (Change in PSR & Admission) 02:28 - Common Concepts Overview 05:22 - P&L Loss Adjustment 09:41 - Investment Fund & P&L Loss 14:44 - Deferred Revenue Expenditure 16:57 - New PSR (Goodwill Entry) 23:34 - Sacrifice/Gain Calculation 25:56 - WCR Claim Adjustment 27:14 - Proportionate Capital 29:33 - Sacrificing Ratio 30:44 - Goodwill & Revaluation Entries 41:48 - Reserve Adjustment (Net Effect) 55:37 - Hidden Goodwill 58:04 - Admission Journal Entries 01:06:47 - Full Practice Question 01:53:40 - Summary & Conclusion 6630b0006623d10018987cc1 #Class12Accounts #PartnershipRevision #AdmissionOfPartner #CBSE2026 #AccountsBoardsexams #RevisionEndgame #CommerceStudents #AccountsOneShot #CAManishSir #Class12Accountancy