Скачать или смотреть Joint Life Policy – Retirement of a Partner | Class 12 Accounts & CA Foundation

Learn Joint Life Policy (JLP) in Accounting — a key topic for Class 12 Accountancy and CA Foundation students. This video explains the accounting treatment of Joint Life Policy at the time of a partner’s retirement, with clear examples and journal entries.

📘 What You’ll Learn:
✔️ Meaning and Need for Joint Life Policy
✔️ Accounting Treatments – Premium as Expense Method & JLP Reserve Method
✔️ Distribution of JLP Proceeds among Partners
✔️ Journal Entries and Practical Problems

🎯 Ideal for:
Students preparing for Class 12 Accountancy Boards and CA Foundation Accounting.

💡 Watch till the end for expert exam tips and tricks on JLP adjustments!

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Timestamp👇
0:00 Introduction
0:55 Joint life policy
13:24 Joint life policy account
33:43 Journal entries
53:31 Separate life policy
1:09:05 Revaluation account

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