Change in profit sharing ratio | ONE SHOT | Class 12 Accountancy Board exam 2023 | Complete revision

[@adityashrivastava1984]

Treatment of Goodwill 8:00 Treatment of accumulated profits and losses 13:30 Revaluation account around 17:20 Treatment of Workmen compensation fund -- 5 cases around 26:00 Treatment of Investment Fluctuation Fund - 5 cases 34:55 exeption Cases 45:00

[@alsosims]

Hannn Bhai exam se jada important to yahi karna hai

[@SIGMAFREEFIRE-eg4mr]

​@@alsosims exam se jada important hai ye 😅

[@priyanshuaryanart2128]

Thanks ❤

[@arshdeepkaur2896]

2024-25 batch attendance here 🙋🏻‍♀️

[@as-toxicBGMI759]

Ya ya ya

[@sharmilabhansali4848]

Kitne Chp kar liye accounts mein

[@insha2150]

@@sharmilabhansali4848 first volume complete

[@khushikri9368]

🙋

[@user-gb4ls8bn2r]

​@@sharmilabhansali4848 4 kyu

[@muzakkir305]

Other name of consistency is sunil panda 🔥🔥

[@comparison.god.]

@@piyushchander09 bhai 11th pass karle

[@Tdm_amit]

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[@Preetichauhan2006]

Liability Side -- 1. Gernal Reserve 2 . P/l (cr.) 3. WCR 4. IFR Asset Side -- 1. Goodwill 2. P/l (dr) 3. Advertisement Suspense 1) These items are not shown in new balance sheet 2) Liability side items are credited to partners capital A/C 3) Asset side items are debited to partners capital A/C

[@Stake_love]

🥲 mujhe account ka A bhi aa ta mujhe kra da ga yrr

[@Stake_love]

Nhi aata

[@sparshjain2239]

16:00 GR_DR B/S (LIBILITIES SIDE ITEMS)----->OLD RATIO WCR_DR IFR_DR PL(CR)_DR TO PARTNERS CAP A/C PARTNERS CAP_DR B/S (ASSETS SIDE ITEMS)----->OLD RATIO TO G/W TO ADVERTISEMENT SUS. TO PL(DR) ONCE DISTRIBUTED, CAN'T BE SHOWN AGAIN IN B/S(NEW)

[@Aayankhan342]

1.General reserve 2.profit loss cr. 3.workmen compensation reserve 4.investment flactuating reserve 5.Goodwill 6.profit loss Dr. 7.Advertisment suspense

[@kittupathak6029]

These one shots are my life saviour !! :)

[@sartajsingh7907]

*Debit side:* - General reserve - P & l (cr.) - Workmen's compensation reserve - Investment fluctuating reserve *Credit Side:* - Goodwill - p & l (Dr.) - Advertisement Suspense

[@Spammm-d9j]

23:35 sir yaha revaluation mai toh asset ya liability ki value jab revalue karte hai tabh likhte haina? Toh akash ko remuneration dene par vo revaluation mai kaise jayega?

[@Sumangupta-i1q]

Samr doubt

[@saiakash4748]

Dr. Side of Balance Sheet 1. General Reserve 2.P&L (Cr. Balance-Profit) 3.WCR (Workmen Compensation Reserve) 4.IFR (Investment Fluctuation Reserve) *All these will be written off in Cr. side of Partners Capital A/c in Old Ratio Cr. Side of Balance Sheet 5. Goodwill 6.P&L (Dr. Balance-Loss) 7. Advertisement Suspense A/c *All these will be written off in Dr. side of Partners Capital A/c in Old Ratio

[@kushagratalreja93]

15:46 General reserve P&Lcr WCR IFR G/W P&LDR ADVERTISEMENT SUSPENSE

[@satyamkrsoni]

I never seen a teacher like this who provides quality education at free of cost.you are the best teacher ❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️

[@rishabSingh22389]

Sir when you are with us we don't fear thank you so much

[@yashgaur2459]

kya rha result?

[@saiakash4748]

IMP pts for WCR: 1. Whatever amount for WCR is given in the balance sheet, you debit that much amount in the journal entry. 2. If a claim is provided in the additional point, then it is included in the new balance sheet in the liabilities side.

[@NavdeepSingh-hr7ne]

General reserve,pl cr.,ifr,wcr distribute in cr. Side Goodwill, pl dr.advertisement suspense distribute in dr.side Both in old ratio in capital account

[@anjalitiwari7505]

General reserve a/c WCR IFR Profit and loss cr.balance To partner capital a/c ( In their old psr) Partners capital a/c Dr. To goodwill a/c To profit and loss (Dr.) A/c To advertisement suspense a/c ( In their old psr)

[@komalrana9974]

Thanks

[@Kabaddii-r5k]

Anjali can we come in relationship

[@anshmanmishra9314]

Balance sheet =1.garnal resserve 2.pofit and loss cr./p.l dr.3.wcr.4.ier5godwill6. advertisment

[@rohangoel069]

1.) General reserve 2.) Profit and loss a/c (cr) 3.) Workmen compensation reserve 4.) Investment fluctuation reserve 5.) Goodwill 6.) Profit and loss (dr) 7.) Advertisement suspense

[@Anup_xyz]

General reserve, workmen compensation reserve, profit and loss, investment fluctuations of reserve. Distributed in ( credit side) in old ratio... Goodwill, profit and loss, advertisement expenses distributed in (debit side )old ratio...

[@amithirana839]

Sir education is what you provide us! ✨❤

[@Piyushmaurya44]

Credited to partners:- General reserve Workmen compensation reserve Investment fluctuation reserve p&L cr. Debited to partners:- Goodwill Advertisement suspense account P&L dr. 1.Wcr me jitna bhi amount hai usko hamesha dr. Krenge kissi bhi case me. 2.Wcr ke additional point me jo bhi info hai usko new B/S me write down krna hai

[@kajaldang7945]

GR P&L cr. WCR IFR is distributed in cr. side of partner's cap a/c GOODWILL ADVERTISEMENT SUSPENCE P&L DR. IS DISTRIBUTED IN DR. SIDE OF PARTNERS CAPITAL ACCOUNT

[@lxspeedff3205]

Dr Side In Balance sheets " Distribution In Cr Of Partner" (1st) General Reserve (2nd ) P&L cr (3rd) Workmen Compensation Reserve (4rth) Investment Fluctuations Reserve ( cr side in balance sheet) Dr side. Distribution Of Partner 1st ( Goodwill) 2nd( P&L dr ) 3rd ( Advertisement suspense)

[@alokgofficial6645]

15:11 in partners capital A/c Dr. Goodwill , Loss , Advertisement ecpense Cr. WCR,PROFIT,IFR,GN

[@UNIQUETHINKER3]

Wcr will always be debited in the entries. Wcr will be shown in the new balance sheet in case of additional claim.

[@rudergautam4554]

Liability side= general reserves ,workmen compensation reserves,Investments fluctuations reserves, profit and loss (cr) profits Assets side =goodwill, P/L(loss), advertised suspense Wcr all ways debit and additional point value always goes to new balance sheets liabilities side

[@VivekBehal-v9l]

16:09 General reserve p and l cr Ifr Wcr Asset Goodwill Dre P and l dr

[@Ritikasingh55526]

16:19 general reserve Dr. P/L credit balance Dr. WCR Dr. IFR Dr. To partner's capital A/c Partner's capital A/c Dr. To Goodwill To advertisement suspense To p/L

[@mukul4171]

amazingly explained as always!!

[@UNIQUETHINKER3]

Treatment of accumulated profit and losses: Dr. Liabilities- General reserve,Investment fluctuation reserve,p&l cr,workmen compensation reserve. Cr Assets- Goodwill,p&l dr,advertisement suspense dr

[@suhanisvlogs6007]

General reserve, profit loss ka credit balance, workmen compensation reserve, investment fluctuation reserve yeh sab partners capital account ke credit side mein old ratio mein distribute hoga😊

[@kiyomi_Taehyung07]

General reserve, p/l cr., Workmen compensation reserve, investment fluctuation reserve= partner's capital account (credit) Goodwill, p/l Dr./ Advertisement suspense=( partner's capital account (debit)

[@Roronoa_Krish]

General reserve, psl(cr.) , workmen compensation reserve, investment fluctuation reserve it go in parteners capital a/c (cr.)

[@poisonvs3939]

G.R ,P and L( cr),WCR,IFR cr side in old ratio and goodwill ,p and l (dr),Adv suspense account Dr

[@dishantroy4160]

Dr. 1) General reserve 2) P & L 3) Work men compensation 4) Investment fluctuation reserve Cr. 1) Goodwill 2) P & L (Loss) 3) advertisement suspense

[@thedemoncrew6843]

Gn, wcr, ifr, pl(cr) will be cr. In partner capital account and goodwill, pl(dr), adv suspen. Will be dr. In partner capital account

[@anujeditz9354]

1.General Reserve 2.I.F.R 3.W.C.R 4.Profit And Loss Account Cr. To Partner Capital Accounts (old ratio)

[@Tenacious_soul]

1) General reserve 2) Workmen compensation reserve 3) Profit and loss a/c 4) Investment fluctuation rate 5) Goodwill a/c 6) Profit and loss a/c 7)Advertisement suspense

[@SOUMIL_LA]

general reserve P/l (cr) Wcr Ifr Assets : Goodwill Advertisement suspense P/L (Dr)

[@harshbaghel7010]

Wcr always will be debited Additional claim always be shown in new balance sheet in liability side Thank you sir❤

[@sakshisaha9937]

Treatment of goodwill 1. when goodwill already exist in books of acc all partners cap a/c dr. To goodwill a/c 2. goodwill in additional point gaining partners a/c dr. To sacrificing partners capital a/c

[@ashish_.chandra]

Debit side=general reserve,workmen compensation reserve,investment flatuation reserve ,p/l (profit) Credit side=p/l loss, goodwill,advertisement suspense

[@PradeepGupta-pb6ol]

Workmen compensation reserve always debited in the entry.. And if their is a claim on worker then it will show in new balance sheet of reconstituted firm.... Thankyou so much sir 🤩🤩🤩

[@AakashKumar-dg5qp]

Accumulated profits -General reserve WCR,IFR,P/L a/c; goodwill , DRE,P/L A/C

[@BhavyKapoor-k6r]

Half yearly ma pass ho gya aap

[@Asgaming-qi8pm]

The amount given in wcr will always be debited at same amount Claim written on additional points will always go in balance sheet liabilities side

[@GunjanYadav-kj9wf]

GR , PL WCR ,IFR are all credited to partners capital a/c And Goodwill ,PL , Advertisment suspense are all debited in partner's capital a/c

[@sudeepdas80058]

General Reserve P&l cr Wcr Ifr Goodwill in asset side P&l Dr(loss) Adv suspense

[@gamingwithagent4783]

Why workmen compensation claim credited ? If reserve is a liability for us and there is a claim against our WCR of RS 2000 then our liability gets decreased as a result of which we have to debit it but in case 2 we credit it why ?

[@SourinPain]

general reserve p & l wcr investment fluctuations reserves goodwill p nd l ad suspense account

[@manish2513]

General reserve , IFR,WCR & P/L ( CR) is debited and partners ac credited Goodwill, Advertisement expense, P/L (dr)

[@toxicboy846]

42:50 me combined entry bhi ho sakti hai sir

[@Keshav.sin9h]

WCR 26:18 IFR 34:55

[@RishiKumar-yv3fn]

thanks bro 👍

[@comparison.god.]

Love u bro

[@viratgamer9671]

Workmen compensation reserve General reserve IFR Pl(cr) Or debit side Goodwill Advertisement surplus P/l

[@amanpreet3828]

General reserve P&L (cr.) Worksmen compensation reserve Investment fluctuation reserve Credited to partners capital a/c P&L (Dr.) Good will Advertisement suspense All debited to partner's capital a/c

[@jatinrathore6234]

GR,p&l cr,wcr,ifr balance sheets credit side Goodwill,p&l dr, advertisement suspense balance sheets debit side

[@hindustani3353]

Actually sir is most consistent person among uss 😀

[@yashhusaini_]

Just WOWWW! well explained 😭🤌🏼

[@AryanSingh-zu1ub]

LEFT SIDE OF BALANCE SHEET GENERAL RESERVE P/L(CR.) WCR IFR RIGHT SIDE OF BALANCE SHEET:- GOODWILL P/L(DR.) ADVERTISMENT SUSPENSE(DEFERRED REVENUE EXPENDITURE).

[@leonaxelgaming6754]

Left side nahi dr side bro

[@khushigoswami8487]

Liability side =GR , WCR , IFR , P&L Assest side = Advertisement suspension, Goodwill , P&L

[@RohanYadav124]

Concept with question make learning so easy sir thank you❤️

[@anshikagoyal9710]

Accumulated profit and losses:- General reserves Profit and loss cr. Workmen compensation reserve Investment fluctualtion reserve Goodwill Profit and loss dr. Advertisment suspense

[@Xyz_965]

Ajj rat tak nipat hi jaega🥺

[@guriff1584]

Gerenal reserve goodwill Profit cr. Profit dr Wcr adv suspense Ifr

[@Comedyrk391]

Balance sheet Dr. Cr. General reserve g/w Wcr Advt.s IFR p/l (Dr P/L (Cr) This 7 item are given in balance sheet are distributed to oposite side in partner capital account

[@anuragchoudhary7120]

Credit side of partner's capital account:- General reserve P&L (cr.) IFR WcR Debit side of partner's capital account Advertisement suspense account P&l (dr.) Goodwill

[@shorya_08]

WCR Case:1 no information is given: Then wcr dr. To partner's capital a/c (in old ratio) Case:2 if claim is less then wcr WCR a/c Dr. To provision for wcc a/c To partners capital a/c Case:3 of claim is equal to reserve WCR a/c Dr. To Prov. For wcc Case:4 if claim is more than rsserve WCR a/c dr. RevaluTion a/c dr. To prov.for wcc Partners capital a/c dr. To revaluation a/c Case:5 if there is no Reserve in balance sheet and claim occurs Revaluation a/c dr. To prov.for wcc Partners capital a/c dr. To revaluation a/c

[@souravvlogs6256]

24:33 par to 2:2:1 main batega na sir kyon psr change ho gyi thi 1st April 2022 ko aur uske baad humne revaluation account banaya hai

[@hiteshbanda]

General reserve Profit and loss Workman compensation reserve Influction reserve

[@ujjwalrajput7581]

General reserves, workmen compensation reserve , investment fluctuation reserve , P & L cr. all are credited to partners capital a/c. Goodwill , P & L dr. , Advertisement suspense all are debited to Partners capital a/c. Thank you sir 🙏❤️

[@ravish2440]

Wcr jitna balance sheet me diya hai utna debit side me jata hai Additional information new b/s me jata hai

[@tanvihanda6868]

Please reply Sir preboard kl h Apke term 2 wale one shot dekhe h enough h n ?

[@its_vaibhav__]

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[@Girlinblue2005]

finished 00:54 , 24/3/2023

[@Naira_Sodhi]

Liability side-: 1) general Reserve 2)P&L cr (profit) 3)wcr 4)ifr Asset side-: 1) P&L CR.(LOSS) 2)goodwill 3)advertisement suspense Effect-: 1) they will not be shown in the new balance sheet 2)the Liability side items will be credited to partners capital Account 3)the asset side items will be debited to partners capital Account 4)all this is done in old ratio Journal entry-: 1) Gr P&L cr Wcr Ifr To partners capital Account 2) Partners capital Account ToGoodwill ToP&L dr ToAdvertisement suspense

[@adrshpatelpatel4851]

1. General reserve 2.profit &loss dr. 3.workmen compensation 4.investment fluctuations 5.good will . 6.profit & loss alc cr 7.advertisement suspense

[@mahimasingh9075]

Sir, revaluation me remuneration ko kyun show kiya gaya hai?

[@devbhola4761]

General reserve P & L(profit) Dr. balance Workman compensation reserve investment fluctuation reserve P&L(LOSS) Cr. balance Advertisement suspense Goodwill

[@anshsoni1944]

IFR WCR P/L(profit) General reserve Ye sb distribute honge old ratio me Aur partner capital a/c me ke credit side me jayega P/L (loss ) Goodwill Advertisement suspense Ye sb partner se liya jayega Isliye ye partner capital A/c me Dr side jayega

[@jyotilamba7328]

Thank you so much sir your videos are really helpful to me 😊😊😊😊

[@luciferyt7310]

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[@animapaul5506]

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[@harekrishna2544]

2x

[@t.g.c.a.t5489]

Is video ke baad bas important questions and pyqs karle to pura chapter pakka ho jaye Sir nice video great efforts . 😀😀😀

[@arnavjindal4424]

Cr side General Reserve P&L cr WCR IFR Dr side Goodwill P&L Dr Advertisement suspense

[@vandanachoudhary9663]

General reserve Profit & loss ac cr Workmen compensation reserve Investment fluctuation reserve Distributed in partner's cap a/c in (old ratio) credit side Goodwill Profit & loss a/c Dr Advertisement suspense Distributed in partner's cap ac in (old ratio)debit side

[@AnitaDevi-jr3dh]

7 distributable items are General reserve P/l cr. Wcr Ifr Advertisement suspense P/l Dr. Goodwill

[@jatinyadav5653]

General reserve, Dr P&L A/c, (cr) WCR IFR To Partner's capital A/c Partner's Capital A/c, dr. To Goodwill P/L A/c (dr) Advertisement suspense

[@ansprence5900]

general reserve, WCR ,IFR, P\L (cr.) To be distributed in partners capital account credit side. Goodwill, P\L(dr.) , Advertisement suspense To be distributed in partners capital A\c debit side

[@Crickdrama001]

Wcr given in balance sheet to be credited to partners capital account in old ratio

[@Echobites25]

L. general reserve , investment fluctuation reserve , profit&loss , workman compensation reserve , A. ad suspense , profit&loss , goodwill

[@alwaysverma1236]

WCR GR IFR Profit Advt suspense Loss Goodwill

[@heart_says_bl]

Good luck for tomorrow's pre-board 🤞🏻

[@niashakumari5417]

Thanks

[@factaboutxyz5444]

Assest side........ 1) general reserve 2)profirt/ loss cr. Balance 3)workmen compensation reserve 4)investment fluctuation reserve Liability side....... 5)Goodwill. 7profit /loss Dr. Balanece 8)Advertisement suspense

[@vidhikasardana7650]

Left side(dr.) General reserve Profit and loss cr. Workmen compensation reserve Investment fluctuation reserve Right side (cr.) Goodwill Profit and loss (dr.) Advertisement suspense

[@brawldaggergamming5845]

Treatment of accumulated profits: If we see these in credit side we debit them in partners capital a/c--GR,p/l,workmen compensation reserve , investment fluctuation reserve

[@hackerclone1354]

sir exceptional cases are really so much useful hereafter please upload separate videos for them sir ..

[@amangmr0221]

1. WCR 2. IFR 3. P&l (cr.) 4. P&l (dr.) 5.GOODWILL 6. General reserve 7. Advertisement suspense

[@vspro3904]

Partner capital account cr side items are WCR IFR GR P&L(profit) IN DR SIDE GOODWILL P&L(loss) ADVERTISEMENT SUSPENSE

[@digitaldude8476]

This Channel should reach 100 M Subscriber 💓💓✨

[@adarshmishra3288]

Sir in revaluation account profit will distribute in new ratio ?? 24:44 min

[@royaltyprogamer6835]

old

[@saumya4685]

General reserve Investment fluctuation reserve P and l credit Workmen compensation reserve Credited Goodwill Advertisement suspense P and l dr Dedited

[@Zhongli-geo]

Balance sheet :- to be transferred to credit partners capital ac :- general reserce profit,workmen compensation, investment fallixtuation reserce , to be transferred to dr side:- goodwill,ad suspenxw , loss😊

[@HarshPandey-t1b]

Gr,pl,wcr,ifr cr in partner capital account P/l loss,goodwill, advertisement suspension a/c was Dr. In partner capital A/c

[@VipulKumarDhiman]

general reserve dr. profit/loss(cr.) dr. workmen compensation res. dr. investment fluctating res dr. To partners capital a/c partners capital a/c dr. To goodwill To p/l(dr. To adveristment expense

[@rajpandey3450]

In the old balance sheet ... Liability. Assets General reserve. Goodwill P and l cr balance. P and l dr WCR. Advertise IPF. Ment suspense Jitni Liability sir h un ko capital account ke cr side me old partners ke old ratio me distribute ker denge or jo balance sheet ke assets side h unn sab ko partners capital account me dr side distribute ker denge ........