Dissolution of Partnership Firm 12 Marks Problem | Part 01 | 2nd PUC Accountancy | Realsisation Acc|
DG's Commerce Adda
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Dissolution of Partnership Firm 12 Marks Problem | Part 01 | 2nd PUC Accountancy | Realsisation Acc|
1 861 просмотр · 1 месяц назад
DG's Commerce Adda
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1 861 просмотр · 1 месяц назад
Video Description
Learn how to solve a complete Dissolution of Partnership Firm problem step by step for Karnataka 2nd PUC Accountancy.
In this Part 02 lesson, an important 12-mark problem is explained by preparing:
✅ Realisation Account
✅ Partners’ Capital Accounts
✅ Bank Account
Adjustments covered
Transfer of assets and liabilities to Realisation Account
Creditors and Bills Payable settled at a discount
Partner taking over an asset
Unrecorded asset realised
Dissolution expenses paid
Partner’s Loan settled separately
Distribution of accumulated profit
Realisation loss distributed among partners
Final settlement of partners’ capital balances
Preparation of the Bank Account
Important final answers
Realisation loss: ₹11,000
Anand’s share of loss: ₹4,400
Chandu’s share of loss: ₹4,400
Vijay’s share of loss: ₹2,200
Amount paid to Anand: ₹24,400
Amount paid to Chandu: ₹14,400
Amount paid to Vijay: ₹12,200
Bank Account total: ₹90,000
This lesson is useful for:
Karnataka II PUC Accountancy students
Class 12 Commerce students
Board-examination preparation
PU question-bank revision
Important 12-mark problem preparation
Students learning dissolution adjustments
Watch the complete video, understand the connection between the Realisation Account, Partners’ Capital Accounts and Bank Account, and then practise similar problems independently.
Subscribe for more 2nd PUC Accountancy lessons, question-bank solutions, working notes and board-exam preparation videos.
Timestamps
These chapters are based on the current 19:55 video:
00:00 Introduction and Question
00:20 Balance Sheet and Dissolution Adjustments
03:55 Preparation of Realisation Account
06:45 Payment of Creditors and Bills Payable at Discount
08:20 Assets Realised and Dissolution Expenses
10:25 Partner’s Loan and Accumulated Profit
12:05 Preparation of Partners’ Capital Accounts
15:20 Distribution of Realisation Loss
17:10 Preparation of Bank Account
19:25 Final Answer Recap
19:45 Outro
Update the timestamps slightly if you edit the video before uploading.
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