Lesson 8 of 13 • 5 upvotes • 15:00mins
Detailed explaination of different situations for calculation of Interest on Capital along such 1. Where it is not provided in the partnership deed 2. The incurs losses for the year 3. The firm has sufficient profits for the year 4. The firm has insufficient profits compared to interest on Capital for the year
13 lessons • 3h 7m
Meaning & Features of Partnership
14:12mins
Provisions Relevant for Accounting
14:58mins
Partners Capital Account
13:06mins
Practice Questions for Partners Capital Account
14:10mins
Profit & Loss Appropriation Account
11:52mins
Practice Question - Part 2
15:00mins
Interest on Capital
15:00mins
Practice Questions - Interest on Capital
15:00mins
Interest on Drawings
15:00mins
Interest on Drawings - Part 2
15:00mins
Practice Questions - Interest on Drawings
15:00mins
Guarantee of Profit to a New Partner
15:00mins
Past Adjustments
14:31mins