Dear Students, In this video we are covering remaining cases of interest on drawings in continuation of our last video about this topic.
I-n our previous video we had covered a very important topic "Interest on Drawings"( First Case ). Students often get confused in this topic as there are many situations to deal with. We have made a sincere effort to remove those confusions and after watching both the videos on this topic, you shall be able to apply this concept with confidence.
Hope this video turns out to be very useful to you.
The Link of that video is :
In our Fourth video we had covered two important concepts:
First when appropriations are more than available profits and
Second when interest on capital is a Charge.
We have explained these concepts with the help of questions.
The Link of that video is :
In Our Third video, we had covered cases where profits are given before charges or after appropriations etc and are very important to have full command over Profit and Loss Appropriation Account.The link of that video is :
In our Second video we had covered Profit and Loss Appropriation Account in detail and solved 2 questions.The link of that video is :
In our First video we have discussed :
the difference between Sole proprietorship and partnership, features of partnership , rights of partners and provisions of Indian Partnership Act in the absence of Partnership deed.
These Concepts will become the base for all the upcoming topics and chapters of partnership.
They are also very helpful in answering one marks questions like MCQ"s, Fill in the Blanks and True / False.
Link of that video is:
#interestondrawings
#partnership
#accounts
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