Retirement of a Partner Complete Chapter | CA Foundation Accounts | CA Foundation June 24| ICAI Exam

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Retirement of a Partner Complete Chapter | CA Foundation Accounts | CA Foundation June 24 | ICAI Exam In This Video We Will Discuss Retirement of a Partner Complete Chapter All Concepts, Problems and Examples for CA Foundation and CA Foundation Accounts Chapter no-8 Unit-4 has been discussed by Chandan Poddar Sir For CA Foundation Grooming Education. ⚫ CA Foundation 9.0:- ⚫ CA Foundation Individual Courses:- ⚫ Self-Study Set: CA Foundation (For YouTube and Self-Study Students):- ⚫ Perfect Revision: CA Foundation Revision book:- ⚫ CA Foundation Perfect Practice Books:- ⚫ Free All India Challenge Test Series:- ⚫ CA Foundation Past Years Question Paper With Suggested Answers:- ⚫ Download Our Escholars AI App:- In this video:- ca foundation accounts, ca foundation accounts chapter 8, chapter 8 retirement of a partner, retirement of a partner, retirement of a partner concept, company accounts retirement of a partner chapter 8, retirement of a partner concept, ca foundation accounts chapter 8 retirement of a partner concept, retirement of a partner ca foundation , retirement ca foundation, accounts ca foundation Time Stamp: 0:00 Intro 0:10 Retirement of Partner 3:14 Computation of Profit Sharing Ratio 20:23 Treatment of Goodwill 32:54 Rest of Topics 40:12 Journal 44:41 Revaluation Account 52:43 Retirement of Partner Assignment 2:01:25 Capital Adjustment 2:21:52 Illustration 3 2:31:59 At the Time of Retirement 2:38:09 ICAI Book Question Illustration 5 RETIREMENT OF A PARTNER A Partner may retire from the frame for different reasons such as difference with the other partners better business opportunity, old age etc. Effects of Retirement of a Partner • To terminate and a create a new Partner • Adjustment undrawn profit or accumulated losses • Revaluated and proper adjustment of assets and liabilities. • Combined shares of remaining partners will increased. Adjustments for Retirement of a Partner • Change in the profit shearing ratio • Goodwill • Revolution of assets and Liabilities • Reverse and Surplus • Partners capital Change in the Profit Shearing Ratio •New Profit Shearing Ratio •Gaining Ratio New Profit Sharing Ratio • When a partner is retiring the share of retiring partner may be taken over by the remaining partners in their old ratio or other ratio • Due to this acquisition the pr remaining partners will changed • The profit shearing ratio between the continuing partners will remain same ----------------------------------------------------------------------------------------------- 𝐖𝐚𝐭𝐜𝐡 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐏𝐥𝐚𝐲𝐥𝐢𝐬𝐭 𝐨𝐟 𝐂𝐀 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐂𝐨𝐮𝐫𝐬𝐞👇 ----------------------------------------------------------------------------------------------- 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐬:- 𝐋𝐚𝐰:- 𝐌𝐚𝐭𝐡𝐬:- 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬:- 𝐋𝐑:- 𝐄𝐜𝐨:- Join this channel to get access to perks: CA foundation: Grooming education academy is engaged in providing qualitative commerce education to society at concessional prices. We believe in Research, reasoning and result and thus our learners admit our USP of: "Pioneer in developing concepts". We provide the complete tutorials for CA foundation. To know about the courses and books that best suits your requirement call at our helpline number: 𝟖𝟖𝟖 𝟖𝟖𝟖 𝟎𝟒𝟎𝟐 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞 to know more about the courses available: 𝐉𝐨𝐢𝐧 𝐨𝐮𝐫 𝐭𝐞𝐥𝐞𝐠𝐫𝐚𝐦 𝐜𝐡𝐚𝐧𝐧𝐞𝐥 𝐟𝐨𝐫 𝐝𝐚𝐢𝐥𝐲 𝐮𝐩𝐝𝐚𝐭𝐞𝐬:::: 𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤 𝐏𝐚𝐠𝐞: 𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦 𝐏𝐚𝐠𝐞: 𝐓𝐰𝐢𝐭𝐭𝐞𝐫 𝐏𝐚𝐠𝐞:: 𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧 𝐏𝐚𝐠𝐞: 𝐏𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐏𝐚𝐠𝐞: #cafoundation #accounts #icai #admission_of_partner