Accounting for Partnership firm class 12 | Fundamentals | Salary and Commission | Accounts

Описание: Remuneration to Partners | Easy Explanation| Class 12 Accounts

Here’s the easiest explanation you’ll ever find! In this lecture, we break down Remuneration to Partners Class 12 — step by step — so you can master this topic effortlessly and score full marks in exams.

This video is specially designed for Class 12 Commerce students studying Accounting for Partnership Firm Class 12. In this Lecture No. 14, we are discussing one of the most important topics from Fundamentals of Partnership Class 12 — Remuneration to Partners.

In this lecture, I have explained in a simple and easy-to-understand manner how to calculate and record Remuneration to Partners in the books of accounts. You will learn the complete accounting treatment of remuneration, salary, and commission to partners with the help of Illustration No. 18 and 19 from T.S. Grewal Volume 1.

By the end of this video, you’ll clearly understand:
✅ What is Remuneration to Partners and its purpose
✅ How to treat Remuneration, Salary or Commission to Partners in the Profit and Loss Appropriation Account
✅ How Remuneration in Partnership Firm is calculated as per the partnership deed
✅ Step-by-step explanation of T.S. Grewal Vol. 1 Illustrations 18 & 19

This video is a must-watch for anyone preparing for Class 12 Accounts – Fundamentals of Partnership chapter. The topic of Remuneration to Partners Class 12 has been explained in such a simple way that even complex journal entries and calculations become easy to grasp.

👉 Watch the full lecture till the end to strengthen your understanding of Remuneration to Partners in Partnership Firm and score better in your board exams!

📘 Topics Covered:

Remuneration to Partners Class 12

Salary or Commission to Partners

Illustrations 18 & 19

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