#7 Pre-Board Revision Series|| Admission of a Partner Class 12|| Partnership Revision Class 12 Hindi || Accounts Revision for 12th class Hello Friends, I Rishab Jolly Welcomes you to my youtube channel JOLLY Coaching About Video:- In today's video, I will explain some important points from the accountancy chapter:- Admission of a partner. The admission of a partner is an important chapter for 12th accountancy. This chapter can be divided into five base points that is:- 1. New profit sharing Ratio 2. Treatment of Goodwill 3. Adjustment of Accumulated Profits, Reserves and Losses. 4. Revaluation of Assets and Liabilities 5. Adjustment of Capital. In this video, I have Explained the first two points which are the base of this chapter. At the time of Admission of a partner, we need to calculate New profit sharing ratio, Gaining Ratio and Sacrificing Ratio. This video contains all the important cases for the calculation of new profit sharing ratio, Calculation of sacrificing ration and calculation of gaining ratio. Secondly, at the time of new admission in the partnership, the old partners need to sacrifice their shares for the new partner so that sacrifice by the old partners' new partner needs to compensate them by bringing his share of goodwill in the business. So I hope this video will help you to understand both these important points. Hello friends, Aaj ki is revision series me hum baat kare ge aapne accounts ke next chapter yani admission of a partner ke baare me. Is chapter me new profit shaing kase calculate karte ha, sacrificing ratio kase calculate karne ha and gaining ratio kase calculate karne ha voo bataya jaye ga. sath me hi goddwill ka kya treatment tkiya jaata ha vo bhi explain kiya jayee ga. About Topics:- 1. Admission of a partner for 12th class 2. Change in profit sharing ratio 3. How to calculate the new profit sharing ratio 4. How to calculate Sacrificing and Gaining ratio 5. Treatment of goodwill 6. What are the treatments of goodwill at the time of admission of a new partner 7. How to calculate hidden goodwill 8. Calculations for admission of a new partner. I hope this video will help you to solve your problems and understand the topics for the admission of a new partner. Thanks JOLLY Coaching. **************************************** Link for other videos Link for social media Facebook:- / jolly-coaching