The one who has two or more individuals engaged in an enterprise as a co-owners the organization is known as a partnership firm. Here we will understand the fundamentals and the entire process of accounting for a partner, also, the classification of various types of business organizations is given.

It is important then to have proper guidelines for partners, An agreement to know the terms and understand how the accounting is done to be able to make sound business decisions.

What Will You Be Learning?

• Types of business
• Partnership Accounting
• Calculation of Profit-sharing
• Ratio Valuation of Goodwill
• Admission of Partner
• Retirement and Death of a Partner
• Dissolution of Partner

This course consists of simple and logical explanatory videos on each of the mentioned topics along with some problem-solving sessions and fun quiz videos that will test your knowledge on the subject. It also includes assessment tools in PDF format which contain a summary on the topic along with practice questions and solutions.

Who Can Apply?

• Students
• Professionals Businessman, who wants to have proper knowledge of Partnership firm
• Both boards of students. (CBSE and Maharashtra state board students).

Benefits Of Taking This Course

On completion of the course, your Partnership Final Accounts will be stronger. You will understand the Partnership Firm and the entire process in which a Partner would maintain his accounting records also one will understand the accounting effect of a different situations for example accounting effect when partner dissolve etc.

Explanatory videos ensure complete concept understanding. Problem-solving sessions & Downloadable resources help in applying your knowledge to solve various problems. Quiz video helps in testing your knowledge.

This course will prove beneficial in learning any other higher-level accounting chapter as well because the basics always remain the same. In short, it is an interesting course fulfilling all the student's needs.