Deceased Partner’s Share of Goodwill & Profit | Class 12 Accountancy | Death of a Partner

In this class, we will cover two important adjustments from the chapter Death of a Partner in Class 12 Accountancy: Share of Goodwill and Share of Profit of the deceased partner. These adjustments are essential for preparing the Deceased Partner’s Capital Account and are frequently asked in CBSE board numericals. What will be covered: Meaning of Death of a Partner Need to calculate Goodwill for a deceased partner Calculation of Deceased Partner’s Share of Goodwill Adjustment through Gaining Ratio Meaning of Share of Profit till date of death Methods: On Time Basis On Turnover Basis Treatment in Deceased Partner’s Capital Account Settlement through Executor’s Account Board-style numericals and PYQs This session is ideal for Class 12 CBSE students preparing for the 2026 Board Examination. Channel: Success Mantra for Class 11 and 12 Educator: CA Manish Kalra