Admission of a Partner Class 12 One Shot | Accountancy Chapter 3 Full Chapter Revision

Welcome to VRS ONLINE EDUCATION! Admission of a Partner (One-Shot Revision) 🔥 In this video, we cover the complete One-Shot Revision for Chapter 3: Admission of a Partner for Class 12 Commerce students. Strengthen your fundamentals, master key numericals, and prepare effectively for your CBSE Board Exams! ⏱️ TIMESTAMPS: [00:02:08 - Introduction: Class 12 Accountancy Chapter 3 Revision 00:04:00 - Topics Covered in Admission of a Partner 00:05:38 - Why is a New Partner Admitted? (Needs & Reasons) 00:06:48 - Rights & Obligations of a New Partner 00:09:10 - How to Calculate New Profit Sharing Ratio (NPSR) 00:11:30 - NPSR Calculation Case 1: Simple Admission (Basic Method) 00:17:45 - NPSR Practice Question: When Share is given in Percentage 00:25:08 - NPSR Calculation Case 2: Surrender / Acquired Share 00:31:02 - Concept & Formula of Sacrificing Ratio 00:33:35 - Sacrificing Ratio Practice Question 00:39:01 - Accounting Treatment of Goodwill on Admission 00:41:45 - Goodwill Treatment Case 1: Paid Privately 00:42:43 - Goodwill Treatment Case 2: Brought in Cash & Retained 00:44:19 - Journal Entries for Goodwill Retained (Practical Problem) 00:51:16 - Goodwill Premium Withdrawn by Old Partners (Journal Entries) 00:55:38 - Important Question: Finding NPSR & Sacrificing Ratio 01:11:08 - When Goodwill Already Exists/Appears in the Books 01:13:22 - Journal Entry to Write-Off Existing Goodwill 01:22:17 - When New Partner Doesn't Bring Goodwill in Cash (AS-26) 01:25:25 - Conclusion & Next Topics (Revaluation Account) 📌 What You Will Learn in This Video: • Meaning & Need for Admission of a Partner • Calculation of New Profit Sharing Ratio & Sacrificing Ratio • Accounting Treatment of Goodwill • Revaluation of Assets & Liabilities • Adjustment of Reserves, Accumulated Profits & Losses • Capital Adjustment Methods 🎯 Suitable For: CBSE, ICSE & State Board Class 12 Commerce Students. 👉 Don't forget to LIKE, SHARE, and SUBSCRIBE for daily Commerce lectures and updates! 🎯 Relevant For: CBSE / ISC / State Boards (Class 12) CUET UG (Commerce Domain - Accountancy) CA Foundation / CMA Foundation / CS EET B.Com / BBA 1st Year (Financial Accounting) 🔔 Don't forget to Like, Share & Subscribe for complete Class 12 Accountancy lectures, revision series, and exam strategies! #class12 #livestreaming #oneshotrevision #samplepaper #accountancyclass12th #goinglive #livenow #streamer #youtubelive #livevideo #commerceclass12 #RoopeshSir #VRSEducation #cuetcommerce #cafoundationaccountsmarathon #cbseboardexam #Class12Accountancy #AccountancyClass12 #PartnershipFirms #AccountingForPartnershipFirms #Fundamentals #OneShotRevision #CBSEClass12 #CBSE2026 #AccountancyRevision #Class12Commerce #CommerceStudents #BoardExam2027 #VRSOnlineEducation #Accountancy #mustwatch #Class12Accountancy #DissolutionOfPartnershipFirm #AccountancyClass12 #CBSEClass12 #Accountancy #PartnershipFirm #NCERT #CBSE2026 #BoardExam2027 #Class12 #OneShotRevision #AccountancyRevision #VRSOnlineEducation #class12accountancy #accountancyclass12th #dissolutionofpartnershipfirm #partnershipaccounts #cbseclass12 #CBSE2027 #accountancy #class12commerce #commercestudents #boardexam2027 #oneshotrevision #AccountancyRevision #NCERT #CBSEAccountancy #MustWatch #ExamPreparation #VRSOnlineEducation #RoopeshSir#livestream #livestreaming #liveaccount #livestudy #class12th #commercesubject #accountancytips #viralvideo #trendingvideo #learning #learn #account #onlineclasses #journalentry #roopesh sir #ISC Class #icseboard #hpboard #upbordexam #mpboard #boardexam #seo #viralvideo #viralclass #tgtclasses #tgtcommerce #ugcnet #commercestudents #exampaper Song: Dark Ages Composer: MaxKoMusic Website: / @maxkomusic License: Free To Use YouTube license youtube-free Music powered by BreakingCopyright: https://breakingcopyright.com Song: Stars In Her Skies Composer: Scott Buckley Website:    / musicbyscottb   License: Creative Commons (BY 4.0) https://creativecommons.org/licenses/... Music powered by BreakingCopyright: https://breakingcopyright.com