Dissolution of Partnership | Lecture 2 | Journal Entries based on Realisation Account | Class 12 Accounts
Welcome to Active Commerce Classes!
In this lecture, we continue Dissolution of Partnership Firm and focus on Journal Entries related to the Realisation Account, which are very important for Class 12 Accountancy board exams.
👉 Topics Covered in Lecture 2:
✔ Meaning of Realisation Account
✔ Transfer of Assets to Realisation Account
✔ Transfer of Liabilities to Realisation Account
✔ Journal Entries for Sale of Assets
✔ Journal Entries for Payment of Liabilities
✔ Treatment of Realisation Expenses
✔ Closing entries at the time of Dissolution
✔ Practical examples with explanation
This lecture is ideal for CBSE, State Boards, and all Class 12 Commerce students who want strong conceptual clarity.
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Hi, this is S.P. Chandravanshi. Welcome to my channel "S.P Chandravanshi The Commerce Guru". Here you will get a lecture video on Commerce Subject of CA foundation, Class 11, Class 12, B.Com, M.com, BBA, MBA.
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In this Channel, you will also find classes for the commerce of every subject of class XI, XII, B.Com, BBA, M.Com, MBA, CA, and CS.
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This channel provides you with classes on various subjects like Accounts, Economics, Business Studies, Auditing, Business Law, Cost Accounting, and Management Accounting
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