SYJC | Book Keeping And Accountancy | Chapter-3 | Admission of Partner | Lecture-21 | part-1

SYJC | Book Keeping & Accountancy | Chapter-3 | Admission of Partner

Welcome to PrexAM SYJC!
In this lecture, we explain Chapter 3 – Admission of Partner from SYJC Book Keeping & Accountancy in a simple and student-friendly way.
This chapter covers the accounting treatment when a new partner is admitted into a partnership firm.

✅ Topics Covered:

Meaning of Admission of Partner
New Profit Sharing Ratio
Sacrificing Ratio
Goodwill: Meaning & Treatment
Revaluation of Assets & Liabilities
Adjustment of Reserves & Accumulated Profits/Losses
Partners’ Capital Accounts
Preparation of New Balance Sheet
Solved Practical Problems for Board Exams

🎯 Perfect for:

SYJC B.K. Students
Maharashtra Board
Exam Preparation & Revision
Concept Clarity in Accounts

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