Death of a Partner ONE-SHOT Revision | Class 12 Accounts | Full Chapter in 1 Hour

Struggling with the "Death of a Partner"? In this high-speed revision session, we cover the entire chapter in one go! This video is designed for Class 12 students who need a quick recap of all essential concepts, journal entries, and formats before their exams. We focus on the "must-know" topics that frequently appear in board exams. 🚀 What We Covered (The Quick List): The Gaining Ratio: Quick calculation shortcuts. Goodwill Treatment: Journal entries you can't afford to get wrong. Profit till Date of Death: Quick formulas for Time Basis vs. Sales Basis. P&L Suspense Account: When to use it and where it goes in the Balance Sheet. Executor’s Account: Understanding the settlement of the final balance. Adjustment,Treatment in Capital Account Share of Goodwill,Credited (Gaining partners debited) Share of Profit,Credited via P&L Suspense A/c Revaluation Profit, Credited (Old Ratio) Interest on Capital, Credited (Calculated for the period)