Sunday 8 May 2016

This week in class


  • Topic :Admission of a partner in the partnership firm introduced.
  • Accounting treatment regarding:
  • change in profit sharing ratio 
  • treatment of goodwill including various cases
  • treatment of General reserves and undistributed profits
  • Preparation of Revaluation account was discussed in the class and related numericals were also solved in the class.

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