Dissolution of Partnership Firm Part 01 | 12 Marks Problem | 2nd PUC Accountancy | Realsisation Acc|
DG's Commerce Adda
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Dissolution of Partnership Firm Part 01 | 12 Marks Problem | 2nd PUC Accountancy | Realsisation Acc|
4 491 просмотр · 1 месяц назад
DG's Commerce Adda
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4 491 просмотр · 1 месяц назад
Learn how to solve a complete Dissolution of Partnership Firm problem step by step for Karnataka 2nd PUC Accountancy.
In this Part 01 lesson, an important and comparatively easy 12-mark question-bank problem is explained using the proper accounting format.
Accounts prepared in this video
✅ Realisation Account
✅ Partners’ Capital Accounts
✅ Bank Account
Adjustments covered
✅ Transfer of assets to Realisation Account
✅ Transfer of outside liabilities
✅ Provision for Doubtful Debts
✅ Realisation of assets
✅ Payment of liabilities at a discount
✅ Dissolution expenses
✅ Distribution of Reserve Fund
✅ Debit balance of Profit and Loss Account
✅ Realisation profit or loss
✅ Final settlement of partners’ capital balances
Important final answers
Realisation loss: ₹11,000
Medha’s share of loss: ₹5,500
Vidya’s share of loss: ₹5,500
Amount paid to Medha: ₹56,000
Amount paid to Vidya: ₹76,000
Bank Account total: ₹2,18,000
This video is useful for:
Karnataka 2nd PUC Accountancy students
Class 12 Commerce students
Board-examination preparation
PU question-bank revision
Important 12-mark problem preparation
Students learning dissolution for the first time
Watch the complete solution, understand the connection between the Realisation Account, Partners’ Capital Accounts and Bank Account, and then practise similar questions independently.
Subscribe for more 2nd PUC Accountancy lessons, question-bank solutions and board-exam preparation videos.
Timestamps
These timestamps are based on the reviewed 25:15 version and may shift slightly after editing:
00:00 Introduction
00:25 Dissolution of Partnership Firm – Part 01
01:39 Seven Steps for Preparing Realisation Account
05:00 Question and Balance Sheet
06:20 Transfer of Assets to Realisation Account
08:15 Transfer of Liabilities
10:30 Payment of Creditors and Bills Payable at 5% Discount
12:20 Assets Realised and Dissolution Expenses
15:10 Calculation of Realisation Loss
17:05 Partners’ Capital Accounts
20:55 Preparation of Bank Account
24:25 Final Balances and Answer Recap
25:05 Outro
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