DISSOLUTION OF FIRM | FINAL REVISION 🔴LIVE | WITH ALL IMP QUES. | CLASS 12 ACCOUNTS BOARD EXAM 2026

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Time Codes.
0:00 - Introduction.
02:55 - Dissolution of Firm.
04:22 - Modes of Dissolution of a Firm.
06:44 - Content.
08:07 - Realisation A/c.
15:55 - Treatment of liabilities if question is silent.
20:42 - Partner's Capital A/c.
29:27 - Treatment of Partner's Loan A/c, Loan by Partner to Firm.
32:04 - All Possible Cases, Case 1.
33:37 - Case 2.
35:13 - Case 3.
38:40 - Case 4.
41:15 - Case 5.
44:10 - Case 6.
46:42 - Treatment of Partners loan account, loan by firm to partner.
48:08 - Question no.1
1:02:40 - Journal Entries (Basic Rules)
1:07:31 - Creditors took over assets of the firm.
1:11:23 - Question no.2
1:13:22 - Question no.3
1:18:41 - Question no.4
1:24:05 - Treatment of Workman compensation reserve.
1:31:00 - Question no.5
1:35:14 - Treatment of realization expense.
1:40:10 - Question no.6

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