Change in Profit Sharing Ratio Class 12๐ฅ| Class 12th Accounts One Shot | Vishwaas Batch
Change in Profit Sharing Ratio Class 12 ๐ฅ | Class 12th Accounts One Shot | Vishwaas Batch Master Change in Profit Sharing Ratio from Class 12 Accountancy in this complete One Shot Session. Learn the concept of change in profit sharing ratio, sacrificing ratio, gaining ratio, goodwill treatment, revaluation of assets and liabilities, reserves and accumulated profits, adjustment entries, important practical questions, NCERT-based concepts, PYQs, competency-based questions, and complete chapter revision in a simple and exam-oriented way. Perfect for concept clarity, quick revision, school exams, and CBSE Board exam preparation. Teacher's Name: Manish Mahajan Sir โ Get Notes in Vishwaas Class 12th Commerce 2027 https://physicswallah.onelink.me/ZAZB... ๐Parishram 2.0 2027 Class 12th Commerce https://physicswallah.onelink.me/ZAZB... ๐Parishram 2027 Class 12th Commerce https://physicswallah.onelink.me/ZAZB... ๐Parishram PRO 2027 Class 12th Commerce https://physicswallah.onelink.me/ZAZB... ๐Parishram 2027 Class 12 Commerce + CA Foundation May 2027 https://physicswallah.onelink.me/ZAZB... ๐Parishram 2027 Class 12 Commerce + CA Foundation Sep 2027 https://physicswallah.onelink.me/ZAZB... ๐ฒPW App Link - https://bit.ly/PW_APP ๐PW Website - https://bit.ly/PW_APP ๐Commerce ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐ : ๐ Telegram: https://t.me/OfficialCommercewallah ๐ Instagram: https://www.instagram.com/pwcommercew... ๐ Whatsapp:https://whatsapp.com/channel/0029Vb6D... ๐ For any queries or complaints Visit : https://bit.ly/PW_Queries ๐Give a missed call on 07019-243-492 00:00 - Introduction & Batch Overview 01:24 - Change in Profit Sharing Ratio 02:44 - Changing the Partnership Deed 06:50 - Importance of Adjustments 08:23 - 5 Key Adjustments 10:19 - Sacrificing & Gaining Partners 17:04 - Practical Example: Ratio Calculation 18:55 - Sacrifice & Gain Formulas 32:04 - Goodwill Adjustment 35:30 - Practical Example: Goodwill Entry 42:29 - Reserves, Profits & Losses 47:35 - Practical Example: General Reserve & P&L 53:33 - Continuing Reserves in New Balance Sheet 1:00:44 - Revaluation of Assets & Liabilities 1:02:05 - Revaluation Account Format 1:04:03 - Practical Example: Revaluation Account 1:09:01 - Comprehensive Full Question 1:30:00 - Summary & Conclusion #changeinprofitsharingratio #class12accounts #accountancy #class12commerce #vishwaasbatch #oneshot #accountsrevision #ncert #cbse #partnershipaccounts #goodwill #sacrificingratio #gainingratio #pyq #commerce #pwcommerce

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