This Video described how accounting for the Dissolution of partnership firm. The preparation of the Realisation account in partnership is explained in detail.
In this lecture, I have explained the procedure for posting transactions from Journal to Ledger. Preparation of LEDGER posting Accounts is also explained in this video.
In this video I will help you to understand how to calculate new profit sharing ratio on retirement and death of a partner, calculation of gaining ratio and also I have explained steps for death of a partner problems and solutions.
Principles of Auditing are the most primary function of any Accountant. This video describes the principles and practice of auditing. We will start with the basic principles of auditing and covered the fundamentals of accounting and auditing.
Accounting ratios are also known as financial ratios that are used to measure the efficiency and profitability of a company based on its financial reports