Retirement of a Partner Part 02 | 2nd PUC Accountancy | Important 12 Marks Problems | Kannada exp

Learn how to solve Retirement of a Partner problems step by step for 2nd PUC Accountancy. In this Part 02 lesson, two important 12-mark problems are explained using the correct accounting format. The video covers the Revaluation Account, goodwill adjustment, Partners’ Capital Accounts, settlement of the retiring partner and preparation of the new Balance Sheet. Topics covered ✅ Revaluation of assets and liabilities ✅ Distribution of reserves ✅ Goodwill adjustment ✅ Gaining ratio ✅ Partners’ Capital Accounts ✅ Retiring partner’s Loan Account ✅ Cash settlement ✅ Preparation of the new Balance Sheet ✅ Important examination working notes This lesson is useful for Karnataka 2nd PUC Commerce students, board-exam preparation, revision and practice. Watch Part 01 before this lesson for a better understanding of the basic concepts. Pause the video, attempt the problems independently and compare your answers with the complete solution. Final answers discussed in the video: Problem 3 Revaluation profit: ₹20,000 Anita’s adjusted capital: ₹85,000 Anita’s Loan Account: ₹35,000 Balance Sheet total: ₹1,54,500 Problem 4 Revaluation profit: ₹2,500 Jayanti’s amount due: ₹29,500 Jayanti’s Loan Account: ₹14,500 Balance Sheet total: ₹1,67,500 Subscribe for more 2nd PUC Accountancy lessons, important questions and exam-oriented problem solutions. Suggested Timestamps These timestamps are based on the reviewed version of the 30:52 video. Adjust them slightly if you edit or remove any section before uploading. 00:00 Introduction 00:20 Retirement of a Partner – Part 02 00:58 Problem 3 – Anita’s Retirement 02:45 Revaluation Account – Problem 3 07:35 Partners’ Capital Accounts – Problem 3 10:05 Goodwill Adjustment 12:25 Anita’s Settlement and Loan Account 14:15 New Balance Sheet – Problem 3 17:35 Problem 4 – Jayanti’s Retirement 19:05 Revaluation Account – Problem 4 22:35 Goodwill and Gaining Ratio 24:25 Partners’ Capital Accounts – Problem 4 27:35 Reconstituted Balance Sheet 30:35 Final Answer and Outro 10 Hashtags #RetirementOfAPartner #2ndPUCAccountancy #PUCAccountancy #Accountancy #Class12Accountancy #12MarksQuestions #KarnatakaPUC #CommerceStudents #BoardExamPreparation #PartnershipAccounts #RetirementOfAPartner #2ndPUCAccountancy #12MarksQuestions