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Accountancy: Partnership Firms
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Accountancy · Class 12Change in Profit Sharing RatioVideo coming soonRead the notes instead
Free notes for this chapterMark as Completed
Sacrificing and Gaining Ratio, Revaluation of Assets and Liabilities, Treatment of Goodwill and the board questions built on them — roughly 8 marks of the paper.
What this chapter covers
- 1Sacrificing and Gaining Ratio
- 2Revaluation of Assets and Liabilities
- 3Treatment of Goodwill
- 4Reserves and Accumulated Profits
- 5Adjustment of Capitals
These lessons are being recorded. The written notes for this chapter are free to download now.
Learning resources
Seedha Notes
Chapter notes withimportant points,examples & format
View Notes for Change in Profit Sharing Ratio, AccountancyPractice Questions
Important questions,board questions,numericals
Practice Now for Change in Profit Sharing Ratio, AccountancyPrevious yearquestions withfull solutions
View PYQs for Change in Profit Sharing Ratio, AccountancySample Paper
Board patternsample paper withmarking scheme
Open Paper for Change in Profit Sharing Ratio, Accountancy
In the notes
Topics covered
- 01Sacrificing and Gaining Ratio14:01
- 02Revaluation of Assets and Liabilities31:19
- 03Treatment of Goodwill29:41
- 04Reserves and Accumulated Profits11:02
- 05Adjustment of Capitals20:17
After this chapter you can
- Explain sacrificing and gaining ratio without reading from the book
- Present revaluation of assets and liabilities in the format the marking scheme rewards
- Attempt every previous year question set on this chapter
- Marks
- 8
- PYQs
- 16
- Video
- 1h 46m
Then do the work
- One-shot revision, 27 minutes
- Format sheet for this chapter
- Printable summary, 2 pages
Prepare
| Year | Asked as | Marks |
|---|---|---|
| 2025 | MCQ set | 4 |
| 2024 | Long answer | 8 |
| 2023 | Short answer | 4 |
| 2022 | Case based | 8 |
| 2021 | MCQ set | 12 |
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