Fundamentals of Partnership | Class 12th | Accountancy | Chapter 1

for the topic “Guarantee of Profit” from Class 12 Accountancy Chapter 1 – Accounting for Partnership Firms: Fundamentals: 1. Guarantee of Profit in Partnership | Class 12 Accountancy Chapter 1 Explained with Examples 2. Class 12 Accounts – Partnership Guarantee of Profit Full Concept + Journal Entries 3. Accounting for Partnership Firms | Guarantee of Profit | Complete CBSE Guide 4. Minimum Profit Guarantee in Partnership | Class 12 Fundamentals of Partnership Welcome to our Class 12 Accountancy series! In this video, we explain one of the key concepts from Chapter 1 – Guarantee of Profit in partnership firms. This concept ensures that a partner receives a minimum amount of profit regardless of the actual distribution. 📌 In this video, you’ll learn: What is Guarantee of Profit? Why is it given in partnership firms? How to adjust guaranteed profits when actual profit is lower? Journal entries and numerical examples Different cases: Guarantee by one partner, multiple partners, and in fixed ratio 🎯 Perfect for CBSE Class 12 Commerce students preparing for board exams or anyone looking to understand the basics of partnership accounting. 📚 Chapter: Class 12 Accountancy – Accounting for Partnership Firms: Fundamentals 🎓 Topic: Guarantee of Minimum Profit 👍 Like | 💬 Comment | 🔔 Subscribe for more educational content --- 🔑 Keywords (for SEO) guarantee of profit guarantee of profit class 12 accountancy partnership guarantee class 12 accountancy chapter 1 accounting for partnership firms class 12 commerce cbse accountancy class 12 minimum profit guarantee partnership firm class 12 accounting entries for guarantee adjustment of guarantee of profit journal entry for profit guarantee class 12 board exam commerce partnership accounting concepts accounting for beginners --- 🔖 Hashtags #Class12Accountancy #GuaranteeOfProfit #PartnershipAccounting #CBSECommerce #CommerceWithMohsin #AccountancyLecture #CBSE2025 #AccountingConcepts #Class12BoardPrep #StudyWithMe #PartnershipFirms #CommerceEducation #GuaranteedProfit #AccountsTutorial #AccountancyClass12