3. Partnership Accounts - "Adjusted Profit & Loss A/c Problem with Fixed Capital Accounts"

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  • Опубликовано: 4 ноя 2024

Комментарии • 210

  • @devikascommercemanagement
    @devikascommercemanagement  3 года назад +189

    Please make a note:
    5.16 please make a note profit is 48,000 not 45,000.
    It's a minor calculation mistake.
    Sorry for this dear students.

    • @wishgaming6462
      @wishgaming6462 3 года назад +3

      Yas mam I saw the the 48000 is coming but u got the 45000 how I thought mam👍👍👍

    • @aswinita8186
      @aswinita8186 3 года назад +1

      Ok mam

    • @thehappypeople1762
      @thehappypeople1762 3 года назад +8

      Ma'am dont feel like it is a mistake,because after listening we should try the problem on our own when we do it without seeing then we notices mistakes,when we notice the mistakes there is a sure Result

    • @hajerarehman6575
      @hajerarehman6575 3 года назад +6

      What about reserve fund ma'am.? Why didn't we recorded that transaction in partner's current a/c?

    • @nanicreations3805
      @nanicreations3805 3 года назад

      @@wishgaming6462 k

  • @Vlogyzz__Shefna
    @Vlogyzz__Shefna 3 года назад +9

    Mam iam a CMA student and bcom alsoo studyingg.i like ur classess🙌🙌🤗🔥🥰🥰it was verey helpfull..In my bcom exam ur classess would really helpful💯💯🥰I know partnership accounts well.wow such wonderfull explanations that you give mamm.And short length vidios was very helpful mamm.Thank you mam for Ur wonderfull classess🙌🔥💯God bless u mammm🤗

  • @vijayvenkatram5991
    @vijayvenkatram5991 4 года назад +56

    mam there is a wrong calculation in finding profit(its 48,000 but by mistake written 45,000)

  • @humeraKhan-j3w
    @humeraKhan-j3w Год назад +2

    It's very helpful for me mam . Thanks for your efforts for making us easy . And please explain us more problems. Love u mam😊

  • @amitkumardakoor
    @amitkumardakoor 3 года назад +4

    Thank you so much mam for the wonderful explanation mam I couldn't attend my online classes due to illness but now in exams time I found it very easy mam once again thank you so much mam

  • @saichandrika5063
    @saichandrika5063 2 года назад +1

    Tq so much mam ur videos r helpful for me for my upcoming exams....

  • @afsanahussain6759
    @afsanahussain6759 3 года назад +1

    Thank you maam your teacher style is very nice and i understand what you teach best teacher

  • @NareshYadav-eu5wv
    @NareshYadav-eu5wv Год назад +3

    Mam c is getting salary how he is getting equal share on net profit ??

  • @yuktapalekar
    @yuktapalekar 4 года назад +1

    You are the inspiration to all of you ma'am

  • @sameerafatima6407
    @sameerafatima6407 3 года назад +10

    Good evening mam..
    In this sum reserve fund is given12,000
    we shouldnt take in partners current account?

    • @devikascommercemanagement
      @devikascommercemanagement  3 года назад +18

      Reserve fund appears in profit and loss appropriation account and in balance sheet as a liability. Not in partners account.

  • @subesube3254
    @subesube3254 2 года назад

    you're the skilled one mam

  • @austinthomas613
    @austinthomas613 3 года назад +1

    Best teacher of the century😃

  • @chennojusathwika2886
    @chennojusathwika2886 2 года назад +7

    Mam.. Shouldn't we take reserve fund in current a/c?

  • @Gangadhar1230
    @Gangadhar1230 2 года назад +1

    Thank you madam I love teaching madam

  • @kalyankumar941
    @kalyankumar941 3 года назад +2

    Wow ... Good explanation ma'am 👍👍👍

  • @kushipassi5947
    @kushipassi5947 2 года назад +4

    Reserve fund post chyaledhu mam current account lu

  • @mahalakshmic1563
    @mahalakshmic1563 Год назад +2

    Mam why reserve fund are not taken the fixed capital method in current alc please could you tell me that reason mam please

  • @cattywinchester3909
    @cattywinchester3909 2 года назад +2

    What abt the reserve fund miss. Do we not include it?

  • @harshasri2959
    @harshasri2959 11 месяцев назад +1

    Net profit is 48000 I got answer correct 💯 tq mam

  • @NTRCREATIONS20
    @NTRCREATIONS20 3 года назад +2

    Very good explanation madam .I have learned it simple with help of u.thank u a lot madam.

  • @taoboyjamiyuikh8566
    @taoboyjamiyuikh8566 3 года назад +1

    And also ma'am is it 'to balance b/d or to balance c/d'. In fixed capital account.

  • @SanthoshTenali
    @SanthoshTenali 4 дня назад

    Thank you mama ❤

  • @sherylcoelho-ps7td
    @sherylcoelho-ps7td 3 года назад +1

    Thank you mam for good explanation🙏clearly undestood..🤗

  • @vijayvenkatram5991
    @vijayvenkatram5991 4 года назад +2

    very good explanation mam thank you

  • @mithutaji1552
    @mithutaji1552 3 года назад +2

    Good video mam

  • @m.ameen.m970
    @m.ameen.m970 4 года назад +1

    Good explanation mam

  • @gagandarshan2202
    @gagandarshan2202 6 месяцев назад

    Mam, Will u teach online class for financial accounting?

  • @sathyasaikrishnas9588
    @sathyasaikrishnas9588 3 года назад +2

    Thank you for this video mam, very useful session it is.

  • @manoaravinth2998
    @manoaravinth2998 6 месяцев назад +1

    In capital a/c you need to c/d the balance know mam

  • @kumkumvyas404
    @kumkumvyas404 8 месяцев назад

    Mam net profit is transferred to capital a/c amount is wrong 45000
    And right answer is 48000

  • @puneethkalyani4230
    @puneethkalyani4230 4 года назад

    Thank you madam this lockdown period it is very useful to gain knowledge

  • @m.ambreshkumar8754
    @m.ambreshkumar8754 3 года назад +3

    Yes mam there is a wrong caculation in appropriation a/c

  • @maneeshakupadapu1844
    @maneeshakupadapu1844 4 года назад +1

    Mam plz cover all types of problems in partnership accounts as Death , insolvency of partner and dissolution of partnership firm

  • @kranthikumarmsp6705
    @kranthikumarmsp6705 Год назад +1

    Mada we can't write balance brought down on two sides
    We need to write balance carry down on credit side

  • @mmichaeltteklezghi6828
    @mmichaeltteklezghi6828 4 года назад

    Excellent explanation

  • @raji8213
    @raji8213 2 года назад +1

    Mam, Reserve fund is not carry down to current account. Why?

  • @affuprincess5619
    @affuprincess5619 2 года назад +1

    Thank you so much mam❤

  • @sujataappuv
    @sujataappuv 4 года назад +1

    Mam please you will tutor the CA related subjects of auditing and Advance accounting for basic information and problem with solution

  • @vorugantishabarish4373
    @vorugantishabarish4373 3 года назад +1

    Nice explanation mam tq mam

  • @leoooo2678
    @leoooo2678 6 месяцев назад

    How to find difference? Mam between fluctuating and fixed

  • @jsahityayadav8889
    @jsahityayadav8889 2 года назад

    Super explanation mam 😊

  • @adepuvyshu6785
    @adepuvyshu6785 10 месяцев назад +1

    It's very helpful to me right know thanku mam I like ur video's comparing to other's

  • @nizamuddin9860
    @nizamuddin9860 Год назад +1

    Mam reserve why we don't take in partners current alc

  • @shelly_1990
    @shelly_1990 3 года назад +1

    Thank you ma'am..

  • @ravikaki8770
    @ravikaki8770 2 года назад

    Mam in that current account you are forgot to write the carrydown(c/d) balance into broaddown(b/d) to the credit side

  • @saitejagaekwad3185
    @saitejagaekwad3185 Год назад

    would you take live online class mam...if it is, please let me know iam interested.

  • @okvijay8683
    @okvijay8683 2 года назад +1

    Thank you so much mam

  • @senthilkumari9140
    @senthilkumari9140 8 месяцев назад

    Mam the net profit transfered to partner's a/c is 48000 then only it will come 83k

  • @abduljabbarkhan4292
    @abduljabbarkhan4292 2 года назад +1

    Thank you mam

  • @darkomega3957
    @darkomega3957 3 года назад +1

    You are pro mam

  • @ramuadapala137
    @ramuadapala137 3 года назад +1

    In partners capital accounts debit side
    It's to balance carry down not brought down please reply to me

  • @sinanshamsudeen4839
    @sinanshamsudeen4839 3 года назад

    Maam if they didnt ask to make Partner's capital account, then should we write the capitals in the Current account?

  • @nilosithu1257
    @nilosithu1257 3 года назад +3

    You're doing great. Madam, can you tell me the steps to be taken when it comes to calculating goodwill in partnership accounting.

  • @vishwajasirisan615
    @vishwajasirisan615 3 года назад

    Thank you mam for understanding

  • @RuthikaK-hj9hw
    @RuthikaK-hj9hw 6 месяцев назад

    Why we are not taking reserve fund in current account?

  • @Omer-TheUnstoppable-official
    @Omer-TheUnstoppable-official 4 года назад +2

    Thanks 😌 mam 👍👍👍👍👍👍

  • @manoharkondeti9833
    @manoharkondeti9833 4 года назад +1

    Medam what about reserve fund
    Why it not mentioned in current account?

  • @Animechronicles98
    @Animechronicles98 Год назад +1

    Hello mam one doubt can we write general reserve in partners current account

  • @arunvarshan-um9jp
    @arunvarshan-um9jp 7 месяцев назад

    mam you are teaching very well mam . Thank you, mam.

  • @mohammedsameer3552
    @mohammedsameer3552 2 года назад +2

    Hi mam, In the current account table you didn't take the reseve a/c amount debit side.... Why??

    • @adepurajesh
      @adepurajesh 29 дней назад

      Reserves Shere 3 partners only credit. Not debit said

  • @thehappypeople1762
    @thehappypeople1762 3 года назад +1

    Ma'am here C is taking salary on yearly basis, then also after taking a salary is C eligible for a share from the Nets profit on capital accounts

    • @devikascommercemanagement
      @devikascommercemanagement  3 года назад

      If he contributed capital, then he will be eligible to share the profits.

    • @thehappypeople1762
      @thehappypeople1762 3 года назад +1

      @@devikascommercemanagement Ma'am in the problem you explained, C didn't contributed any capital in firm, So should we show or not show the capital for this cases in exams.

    • @nikhil0078
      @nikhil0078 Год назад +1

      ​​@@thehappypeople1762 bro did you know the answer regarding capital that you asked

  • @sarishasingh2497
    @sarishasingh2497 3 года назад +1

    Mam what about general reserve account entry in current account.

  • @anishacutie4125
    @anishacutie4125 Год назад

    Mam if suppose there is a additional capital and permanent drawing do we write im that amount in fixed capital account?

  • @ManasaManasa-m9d
    @ManasaManasa-m9d 3 месяца назад

    Mam y dint u take reserve fund? In partners current ac??

  • @malavikabanisetti-tr2pi
    @malavikabanisetti-tr2pi 11 месяцев назад

    Ma'am may I know why didn't you transfer reserved fund to current account credit side

  • @ANIRUDH_6
    @ANIRUDH_6 11 месяцев назад

    Madam why didnt you take reserve fund in current account?

  • @saisuhas7374
    @saisuhas7374 4 года назад +1

    Madam 2nd sum of fixed accounts debit side value is 35,000 not 45,000 I have calculated madam please verify

  • @kasturishivasai3583
    @kasturishivasai3583 3 года назад +1

    Mam!!!what about reserve fund in current A/c

  • @qamarunnisa866
    @qamarunnisa866 3 года назад +1

    Thanks a lot mam

  • @rebalprabhas6178
    @rebalprabhas6178 2 года назад +1

    Hello mam is this for intermediate students also please reply mam

  • @docdevil2929
    @docdevil2929 3 года назад +5

    In this video while preparing P&L app a/c there's a calculation error on the L.H.S (i.e. 8000+12000+3000+12000= 35000) and when 83000 is subtracted by 35000 it comes to 48000 not 45000. and you've mentioned as 45000 in 5:21 frame. and the equal halves are 16000 not 15000.
    I don't all these persons commenting below are seriously following and studying or just watching the video for time-pass so if possible please make the correction.

    • @devikascommercemanagement
      @devikascommercemanagement  3 года назад +2

      Point noted, thank for bringing this calculation mistake. Kept this Rectification on the top of the comment box.
      Hopefully the subject concept is clear.👍

    • @docdevil2929
      @docdevil2929 3 года назад

      @@devikascommercemanagement Yes ma'm the concept is clear and the explanation was good

    • @Avinashkumar_571
      @Avinashkumar_571 6 месяцев назад

      ​@@docdevil2929Abe gyani lagta hai tu hi janta hai sirf 😂lekin Aisa nhi hai😂

  • @masthanreddy6119
    @masthanreddy6119 2 года назад

    Madam i have one doubt 🧐 in this problem A and B and C are partners C is not bringing capital c was received salary and comission
    But How" C" partner get profit from firm please reply madam
    ⚡Iam waiting

  • @taoboyjamiyuikh8566
    @taoboyjamiyuikh8566 3 года назад

    Ma'am why is it that reserve fund is not recorded in the credit side of fluctuating account.

  • @karthikbonkuri5434
    @karthikbonkuri5434 Год назад

    Mam, What about Reserve fund in partner's current a/c ?

  • @gokulramakrishnan5621
    @gokulramakrishnan5621 2 года назад

    Ma'am in partners current account u done all but what about reserve fund... Ma'am ...

  • @kaithinithin8403
    @kaithinithin8403 2 года назад

    Mam in text book they given that p&l appropriation a/c also added in Capital a/c at Credit side...So y we didnt added mam..?

  • @bushrabegum948
    @bushrabegum948 2 года назад

    Mam what about reserve fund while transferring pnl transaction into current a/c

  • @malothukiranmayi9805
    @malothukiranmayi9805 Год назад

    Super mam

  • @venkateshnandi226
    @venkateshnandi226 3 года назад +1

    Mam.. a small doubt.. in this problem C has not invested any capital.. for that they are given salary and commission. Then why we share the profit...?

    • @devikascommercemanagement
      @devikascommercemanagement  3 года назад

      It is not mandatory to invest money in partnership. Without investment also possible to join as a partner.

    • @knowledgeofshivjikatilakom6245
      @knowledgeofshivjikatilakom6245 2 года назад

      Yes mam you are right but c has not given any capital so he has no right to take share but in this problem why he is taking share in profits? Please clarify my doubt 🙏🙏

  • @kouslyabehara9727
    @kouslyabehara9727 4 года назад +1

    Thank you

  • @vaishnaviavula1376
    @vaishnaviavula1376 2 года назад +1

    Mam i really like ur videos and your explanation without any lag .....
    And ur clarity in the subject.
    But in this video camera is not good it was so irritating
    It's blur,shaking .....
    But ur explanation is very good and it helped me a lot in my exams 💫

  • @greatthings4434
    @greatthings4434 3 года назад

    Madam reserve fund we will not write in partners current account

  • @srihithalavanga3083
    @srihithalavanga3083 3 года назад +1

    Thanks mam😊

  • @rajiniv8671
    @rajiniv8671 Год назад

    Hi mam please cover full chapter in one video

  • @njayakandhan3384
    @njayakandhan3384 2 года назад

    Mam i have a doubt .....(in fixed capital method) suppose additional capital introduced, can we enter in the credit side of partner's capital account

  • @nousheenjabeen3925
    @nousheenjabeen3925 2 года назад

    mam reserve fund are not taken in partners current account?

  • @ravikaki8770
    @ravikaki8770 2 года назад

    Mam i have a dought.. Why the reserve is not write in the current account...? २

  • @sapatidurgasivaprasad4265
    @sapatidurgasivaprasad4265 2 года назад

    Some problem lo fixed capital A/c flacuating capital A/c avi ela find out cheyali mam please answer me I am prasad

  • @AtiyaJabeen-i9w
    @AtiyaJabeen-i9w 10 месяцев назад

    Can someone please help me know why she didn't took reserve fund in current alc cr side

  • @mallibyra7747
    @mallibyra7747 2 года назад +1

    Madam reserve fund...

  • @debmitrasaha6859
    @debmitrasaha6859 2 года назад

    Mam why are we not transferring reserve fund into current account

  • @UpendharJapa
    @UpendharJapa 10 месяцев назад

    Manaku fixed capital ah fluctuing capital anedhi ala thelusthadhi mam

  • @nisarunaidpp7844
    @nisarunaidpp7844 2 года назад

    Mam,what if there is interest on drawings in the p&l app,should we write it on the debit side of partner's current a/c?

  • @gouraindia8619
    @gouraindia8619 Год назад

    Which publication mam

  • @kothuruakhil
    @kothuruakhil 3 года назад

    Mam we want revaluationa/c and balance sheet problems for partnership accounts

  • @dharshinidharshini51
    @dharshinidharshini51 4 года назад

    Mam pls upload about budgetary control

  • @d.vishalrock4712
    @d.vishalrock4712 3 года назад

    MAM COULD YOU PLEASE EXPLAIN PROBLEMS FROM ADMISSION AND RETIREMENT OF THE PARTNER CHAPTERS

  • @laxminarayana9579
    @laxminarayana9579 3 года назад +1

    Tank u madam

  • @shivashankar2299
    @shivashankar2299 10 месяцев назад

    Madam profit and loss account lo net profit capital is not coming 45,000 coming 48,000

  • @Mr_sumith
    @Mr_sumith 11 месяцев назад

    Medam in p&l appropration a/c , there are 42000 not 4500