- Partnership Accounts
- Fundamentals
- Basics
- Profit Appropriation
- Partner Capital Account
- Interest on Loan
- Rectification of errors
- Drawings
- Gurantee of Profits
- Goodwill
- Meaning
- Purchased vs Self Generated
- Tangible vs Intangible Assets
- Factors affecting Goodwill
- Reconstitution
- Ratios on Reconstitution
- Reserves
- Adjustments
- Admission of a Partner – Adjustments Required
- Unrecorded Assets
- Unrecorded Liabilities
- Asset Taken Over by Partner
- Accrued Income
- Provision for outstanding expenses
- Prepaid expenses
- Personal Expenses of partner debited to profit and Loss A/c
- Bad Debts Recovered
- Liability Write back
- All Debtors are Good
- Old partner brings capital
- Drawings by partner
- Obsolete stock
- Outstanding expenses reduced
- Creditors paid more
- Admission of a Partner
- Retirement of a Partner
- Fundamentals