Accounting for Partnership : Basic Concepts | Distribution of Profits | Problem 9 Solution | NCERT

#class12 #class12accounts #class12accountancy #ncert #ncertsolutions #ncertsolution #cbse #puc #partnership #telugu #telugueducationtips Ram, Raj and George are partners sharing profits in the ratio 5 : 3 : 2. According to the partnership agreement George is to get a minimum amount of ₹ 10,000 as his share of profits every year. The net profit for the year 2013 amounted to ₹ 40,000. Prepare the Profit and Loss Appropriation Account. Accounting for Partnership - Basic Concepts Distribution of Profits among the partners Partners' Capital Accounts Partners' Current Accounts Fixed Capital Method Fluctuating Capital Method Partners Business Partners Firm Class 12 Accounts Intro: 00:00 Problem Statement : 00:26 Analysis: 01:42 Outro: 16:06 Additional problems on Accounting for Partnership : Basic Concepts, Distribution of Profits can be found at https://eduxir.com/curriculum/cbse/class-x... Class 12 Accountancy Books: https://amzn.to/3kMGdDX #SpecialAspectsOfPartnershipAccounts #SpecialFeaturesOfPartnershipAccounts #DistributionOfProfits #DistributionOfProfitsAmongParters #DistributionOfProfitsAmongTheParters #Partners #Partnership #Accounting #Accounts #Commerce #NCERT #CBSE #PUC #Class12 #MadeWithVideoscribe #WhiteBoard #WhiteBoardAnimation