Q.No 82 & 83 | Guarantee of Profit | Partnership Accounting, Class 12th TS Grewal Solutions, 2020-21
Channel: Jitendra Singh Jat
Date: 03/01/2021

TS Grewal Solutions, Guarantee of Profit
Q.No 82 & 83 | Guarantee of Profit | Class 12th | TS Grewal Solutions | 2020-21 | Fundamental of Partnership Accounting |
A, B and C are partners sharing profits in the ratio of 5 : 4 : 1.
Vikas and Vivek were partners in a firm sharing profits in the ratio of 3 : 2.

In these question you will learn how to calculate Guarantee of Profit and its treatment.
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Very Important topics:
How to prepare Revaluation Account:
https://www.youtube.com/watch?v=aeFIZ...

How to prepare Provision for Depreciation Account:
https://www.youtube.com/watch?v=dWvpH...

How to calculate Subscription of Current Year:
https://www.youtube.com/watch?v=9_DId...

How to prepare Cash Flow Statement:
https://www.youtube.com/watch?v=B-Pj5...

Top Playlist: TS GREWAL SOLUTIONS
1. Fundamental of Partnership Accounting:  https://www.youtube.com/playlist?list=PLKtrjBPE0kC3W2zuVQYX_gu5M5f-R9FWl   

2. Not for Profit Organisation:  https://www.youtube.com/playlist?list=PLKtrjBPE0kC2zApAy82hZ_vpE1RfvUQfN    

3. Admission of a Partner:  https://www.youtube.com/playlist?list=PLKtrjBPE0kC3M3RGndImKijVJx2Uas55z     

4. Retirement of a Partner:  https://www.youtube.com/playlist?list=PLKtrjBPE0kC3ztU87JZiZ0pp3QvSw8cgb    

5. Death of a Partner:  https://www.youtube.com/playlist?list=PLKtrjBPE0kC3UzSoqfRA_9_f0vL648kcv   

6. Dissolution of a Partner: https://www.youtube.com/playlist?list=PLKtrjBPE0kC2Y21zZl2m78y15GVxb6zJB  

7. Accounting for Share Capital: https://www.youtube.com/playlist?list=PLKtrjBPE0kC3fD0oAE92197L5PDCv_qbv  

8. Accounting for Issue of Debentures: https://www.youtube.com/playlist?list=PLKtrjBPE0kC2-aof4Y1tFe-wurCQ5XazJ 

9. Cash Flow Statement: https://www.youtube.com/playlist?list=PLKtrjBPE0kC0ZKNFy_saFLOSUG0WlMc05

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